Greg Miller
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This Backdoor Cannabis Play Could Climb Over 100%, and It's the Perfect Time to Strike
At the National Institute for Cannabis Investors, we talk a lot about cannabis banking. That's because accessing loans and depositing money are still huge hurdles facing cannabis companies.
But the progressive financial firms that realize how much money there is to be made working with legal cannabis companies will be handsomely rewarded.
And I've found the perfect play…
Just like when we talked about Innovative Industrial Properties – which is now up almost 100% since we launched the American Cannabis Summit on Oct. 23, 2018 – we wanted to add another way for you to try and capture an additional potential triple-digit return.
Of course, timing is everything, so you may have not seen when we first mentioned Innovative Industrial Properties and bought it at a higher price, or you may have simply chose not to buy its shares.
But if you missed out, that's okay. I wanted to share another play with you today that could offer a similar profit opportunity, and the timing is perfect.
I talked to my friend and banking expert, Money Morning Special Situation Strategist Tim Melvin, and he tells me that as of right now, there is only ONE publicly traded bank taking on cannabis customers – the rest are credit unions or privately held banks.
I've held off talking about this company too much before because it faced some significant challenges outside of its cannabis business. However, those challenges seem to be behind it, and we could soon see a quick jump in the stock price thanks to some positive headwinds.
So right now, I'm going to share with you hopefully another big winner to add to your growing list of cannabis investments... - Here's the Thing About "Buying Weed from the Grocery Store"
- Here's What to Do About This Cross-Border Marijuana Mega-Merger
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- This Genius Made a Killing on the 2008 Housing Crash; Now He's All In on Cannabis
- This Pot Stock Is Half Bank, Half Landlord, and All Profit
- Why Cannabis' Recent Downturn Is Nothing to Worry About
- How the "Bravest Bank in Arkansas" Is Smashing Cannabis' Last Big Barrier
- Why CBD Will Be the Real Winner of Super Bowl LIII
- Why It's the Perfect Time to Be a Cannabis Entrepreneur