Legal Marijuana Just Had Its Biggest 48 Hours Ever

The Senate of Canada, as you likely know, late last Thursday night passed a bill legalizing recreational marijuana.

And once the House of Commons and Prime Minister Justin Trudeau do their part, Canadians could spend up to $4.7 billion on legal cannabis products in 2019, according to Deloitte.

But bigger things are coming.

Much bigger things.

Let's look at some numbers...

Canada is home to about 39 million people. That's a lot of folks, but it doesn't even equal the population of California.

On the other hand, 323 million of us call the United States home.

That is a big number.

When the United States fully decriminalizes pot, that's when the true wealth will flow into cannabis companies' coffers.

But, maybe you think we're three... four... 10 years away from that happening. Or maybe you think it'll never happen.

Well, think again.

Attorney General Jeff Sessions probably won't like this... but President Donald Trump recently gave the "green light" to legal marijuana.

Here's the story...

Last Thursday morning (it was a busy day), a group led by Republican Sen. Cory Gardner of Colorado introduced a bill that would put cannabis' legal status in the hands of the states - that would end the federal ban on marijuana.

While I took note of Sen. Gardner's move, I didn't think much of it - lots of similar legislation has been introduced in Congress over the years.

But then on Friday, just before President Donald Trump boarded a helicopter headed to the G-7 conference in Canada, a reporter shouted out a question about the bill.

The president's response: "I support Sen. Gardner... I know exactly what he's doing. We're looking at it. But I probably will end up supporting that, yes."

In other words, President Trump gave a "green light" to not just medical marijuana - but recreational cannabis as well.

The Four Cannabis Stocks to Buy Now - Profits of Up to 1,000% Could Be Likely This Election Year!

According to a just-released report from Grand View Research, global legal pot sales could reach $146.4 billion by 2025. I bet the analysts there are right now revising their numbers - in the "much, much higher" direction.

Now, I've got to note one thing here.

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Gardner's bill would not "legalize" marijuana on the national level. Instead, it gives states the right to decide what to do with cannabis within their borders. And it would make it illegal for the federal government to interfere.

Twenty-nine states have already legalized medical marijuana - with nine of them also legalizing the recreational variety.

Plus, up to 16 states are considering legalization this year - either through state-house legislation or voter-led ballot referendums.

That means 64 million potential new customers could soon be opening their wallets and unleashing the profit opportunity of a lifetime.

That's why it's necessary to align your investments in this industry with what's going on at the state level.

It's how I do it.

And I show you how here.

The companies I want to tell you about - the companies I've been researching for the past few months in anticipation of this very event - could be poised for rare and exceptional gains. I'm talking about like what we witnessed in the last election year, 2016, after 20 pot stocks surged over 1,000%.

But make sure you strike now - because soon, the situation on the ground could change again.

All you have to do is click here to find out - watch this presentation.

The post Legal Marijuana's Biggest 48 Hours Ever appeared first on Strategic Tech Investor.

About the Author

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.

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