Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Trading Strategies

Direct from the Epicenter of Legal Marijuana Investing

This expert insight from Michael A. Robinson originally ran in Strategic Tech Investor on June 14, 2017

View Comments

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Michael A. RobinsonMichael A. Robinson

My team and I are here in Oakland, Calif. - and the Golden State Warriors clinching the NBA Championship Monday night isn't the only big news.

Vicente Fox, former president of Mexico, is getting ready to take the stage at the Fourth Annual Cannabis Business Summit & Expo - the epicenter of the business, technology, and politics of legal marijuana.

And there's a palpable buzz in the air.

But lucky for you folks, Fox has already debriefed with a small group of us before his scheduled remarks...

"A Crazy Person"

Fox is turning up the heat on the U.S. government over its ongoing federal prohibition of marijuana, even as its two most important trading partners - Canada and Mexico - move toward nationwide legalization.

When asked for his reaction to breaking news that U.S. Attorney General Jeff Sessions asked permission from Congress in May to punish medical marijuana companies, his response was to call him "a crazy person."

(Congress has made zero movement to honor this, by the way.)

Video
 

Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.

After all, at least two high-level cabinet members have in recent weeks come out in support of medical marijuana. President Donald Trump himself has said he is encouraged by what medical marijuana is doing for seniors and veterans.

"The problem is there is no consistency," Fox said on the messaging coming from various corners of the U.S. government.

Though there are many marijuana business conferences now, this one is among the largest - and Oakland is a fitting setting for it.

You see, the legal marijuana business literally rebuilt a large chunk of downtown Oakland, National Cannabis Industry Association Executive Director Aaron Smith says.

"It helped bring businesses," Smith says. "It helped rebuild things like the Roxie Theatre. It has participated in the neighborhood."

And Oakland is far from the only municipality to have received an economic booster shot from legal marijuana.

It all goes to show how a well-regulated cannabis industry brings huge economic opportunities and pushes out criminal elements.

It also enriches its investors - folks like you.

That's why we'll be here for the next 48 hours, checking out the Expo floor and talking to the industry's most important stakeholders. In our first walkthrough, it was obvious that technology - from lighting firms to security providers to biotech companies - has taken this conference over in a big way.

And that's a good thing for long-term industry growth - and our legal marijuana investments.

In the next few days, I'll be talking more about Fox's appearance - and all the other valuable information I can dig up - with my Nova X-Report members.

To join us - to get the inside scoop on what's coming next for the marijuana industry... and copy of The Roadmap to Marijuana Millions - just click here.

I'll be back here on Friday with a wrap-up report.

See you then.

The post Direct from the Epicent…

 

Join the conversation. Click here to jump to comments…

Michael A. RobinsonMichael A. Robinson

About the Author

Browse Michael's articles | View Michael's research services

Michael A. Robinson is a 36-year Silicon Valley veteran and one of the top tech and biotech financial analysts working today. That's because, as a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs, scientists, and high-profile players. And he brings this entire world of Silicon Valley "insiders" right to you...

  • He was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon.
  • He was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
  • As cyber-security was becoming a focus of national security, Michael was with Dave DeWalt, the CEO of McAfee, right before Intel acquired his company for $7.8 billion.

This all means the entire world is constantly seeking Michael's insight.

In addition to being a regular guest and panelist on CNBC and Fox Business, he is also a Pulitzer Prize-nominated writer and reporter. His first book Overdrawn: The Bailout of American Savings warned people about the coming financial collapse - years before the word "bailout" became a household word.

Silicon Valley defense publications vie for his analysis. He's worked for Defense Media Network and Signal Magazine, as well as The New York Times, American Enterprise, and The Wall Street Journal.

And even with decades of experience, Michael believes there has never been a moment in time quite like this.

Right now, medical breakthroughs that once took years to develop are moving at a record speed. And that means we are going to see highly lucrative biotech investment opportunities come in fast and furious.

To help you navigate the historic opportunity in biotech, Michael launched the Bio-Tech Profit Alliance.

His other publications include: Strategic Tech Investor, The Nova-X Report, Bio-Technology Profit Alliance and Nexus-9 Network.

… Read full bio

Login
guest
guest
11 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
david
david
5 years ago

Initially ,Money Morning promised GREAT gains ,by investing in Pot— so –where are those gains , because I am losing patience !

0
Reply
Jens Helmark
Jens Helmark
5 years ago
Reply to  david

The Gurus are fooling the investors.
WEED is down 41 pct since 13 February 2017
ACB is down 36 pct since 10 april 2017
HEMP is down 55 pct since 19 Oct. 2016
APH is down 36 pct since 10 april 2017
So David is correct – hope for the best.

0
Reply
OwnTheFloat.com
OwnTheFloat.com
5 years ago
Reply to  david

Many marijuana stocks have seen some decline in the last few months.

$OWCP is still up 252% since January 3rd — but if you go based on their 52-Week High (February 22nd), things look bad. So, depends on when you bought-in.

I'm VERY confident $OWCP is going to see tremendous gains in the coming months — starting any week when a couple of PRs come out.

0
Reply
Juanice Burroughs
Juanice Burroughs
5 years ago
Reply to  david

I have lost my patience and my money.

0
Reply
Alex Eneman
Alex Eneman
5 years ago
Reply to  david

The same here, all down…….

0
Reply
Elizabeth Sanders
Elizabeth Sanders
5 years ago

I have both of your Roadmap to Marijuana Millions books. I have invested in 16 of the stocks I read about in the books. So far I have lost money on all but 1 and that is a very small amount.
Any idea when this thing may break open and we start seeing some real gains?
I am a small investor and I've lost 1K so far but I intend to hang in I just hope it's sooner than later.

0
Reply
Heidi Ling
Heidi Ling
5 years ago

Im in the same bought. Bought in for the book, and all my stocks are tanking based on the recommendations.. REALLY hoping this turns around, but I am losing thousands…. Losing my patience as well. (Im fine with little dips, but not losing 3/4 of my portfolio !

0
Reply
sharon
sharon
5 years ago

I see I'm not alone. I've invested in 23 of suggestions. Have lost over $5,000. I also am hanging in there, we should see something happening July 1st. ( for Nevada) That's when all marijuana will be legal.

0
Reply
Alan Bileski
Alan Bileski
5 years ago

I agree with David as it is a common concern about the prices but it depends on what you paid for the stocks to start with. I have purchased more on the lows on some of these companies even before Nova X put out their first reports. You really have to sift the wheat out of the chaff. I have alerts in place, a detailed watch list, & my own spreadsheet that I follow very closely. Time is still the key as the gurus promise the riches now, but the systems may still take months to kick in because of the government regulations & controls. No one told us up front that this is a lengthy slow process. I do have faith that some, hopefully all will make money in the near future so hang in there.

0
Reply
Rob
Rob
5 years ago
Reply to  Alan Bileski

i agree patients is the name of the game

0
Reply
Rob
Rob
5 years ago

usmj would be a good streaming company but they have a [cto] on them they have to put there paper work in for there name change to the canadian securities don,t know how i was able to get thm through the cto but i did and now can't move them

0
Reply


Latest News

June 7, 2023 • By Alex Kagin

SEC comes after Coinbase, Small-Caps Start to Shine, and Crude Price Forecasts Rise

June 6, 2023 • By Chris Johnson

The broad market just made a shift to the upside

June 6, 2023 • By Nick Black

SEC vs. Coinbase and Binance: What You Need to Know
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz