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Today Canada becomes the first major economy to legalize recreational marijuana.
But you don't need me to tell you that.
Turn on your television or radio. Check out the front-page headlines. Or just follow your social media feed.
But don't follow them too closely.
Because they're not telling you the full story.
You see, a lot of naysayers are going to try to rain on today's parade.
They're going to tell you that not enough stores have opened. (So what?! Have these folks never heard of online shopping?)
They'll tell you there's already a supply glut.
They'll tell you to "sell the news" – as if you've never heard that one before.
All that negative talk is just noise. And the No. 1 rule in Your Tech Blueprint is to "Separate the Signals from the Noise."
And there are a lot of signals out there. Profitable signals.
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I'm talking about the $22.6 billion that Canada's cannabis market is expected to generate in the next few years.
I'm talking about the 10.5 million square foot hydroponic greenhouse in western Canada that soon will be able to grow $600 million worth of marijuana.
I'm talking about the $100 billion worldwide market for medical marijuana – marijuana that Canada can now export.
Those are very real signals.
Which means there is money to be made in this brand-new, completely untouched industry.
About the Author
Michael A. Robinson is a 35-year Silicon Valley veteran and one of the top technology financial analysts working today. He regularly delivers winning trade recommendations to the Members of his monthly tech investing newsletter, Nova-X Report, and small-cap tech service, Radical Technology Profits. In the past two years alone, his subscribers have seen over 100 double- and triple-digit gains from his recommendations.
As a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs and high-profile industry insiders. In fact, he was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon. And 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.
In addition to being a regular guest and panelist on CNBC and Fox Business Network, Michael 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 "bailout" became a household word.
You can follow Michael's tech insight and product updates for free with his Strategic Tech Investor newsletter.
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