I'll cut right to the chase.
Monday's tech sell-off, combined with news from Canada that will make sense in a moment, created a very specific opening. As usual, that's a terrific opportunity.
Specifically, I want you to capitalize on the ensuing chaos by picking up an innovative testing company that got unfairly beaten down.
Today's recommendation is in one of the fastest-growing industries on the planet and, importantly, what I am suggesting is a twist on things that I've never seen discussed elsewhere.
Let's dive right in.
Pot, Maui-Wowi, magic lettuce, cannabis… whatever you want to call it, marijuana is here to stay.
California and Canada have legalized recreational use, and there are dozens of jurisdictions that are going to follow along. The global marijuana market will be worth nearly $60 billion less than 10 years from now, according to Arcview Market Research.
More people than ever will "light up," which means there's a huge opening being created…
… for law enforcement.
I'm not going to wade into the debate about legalization and whether or not there are medical benefits.
I couldn't care less.
But what I do care about is this…
- Impaired drivers cause more than 50% of all accidents.
- Americans spend a total of more than one million days a year in the hospital because of crash-related injuries, and the cost of those injuries may be more than $20 billion in resulting lifetime medical costs. Some 75% of that cost occurs within 18 months of the crash-related injury, according to the CDC.
- Marijuana is the single most frequently found drug in the blood of drivers involved in all vehicle crashes, including those that are fatal. The EU DRUID program-related research shows drivers with THC in their blood are over 2x more likely to have caused fatal crashes than those who did not have either marijuana or alcohol "on board."
Law enforcement has a huge problem on its hands. It's difficult to catch "stoned" drivers despite the fact doing so is absolutely necessary for public safety.
The Gains on This One $10 Stock Alone Could Earn You Enough to Retire – Click Here Now for Details
Which brings me to the company I want to tell you about today…
Join the conversation. Click here to jump to comments…
About the Author
Keith Fitz-Gerald has been the Chief Investment Strategist for the Money Morning team since 2007. He's a seasoned market analyst with decades of experience, and a highly accurate track record. Keith regularly travels the world in search of investment opportunities others don't yet see or understand. In addition to heading The Money Map Report, Keith runs High Velocity Profits, which aims to get in, target gains, and get out clean. In his weekly Total Wealth, Keith has broken down his 30-plus years of success into three parts: Trends, Risk Assessment, and Tactics – meaning the exact techniques for making money. Sign up is free at totalwealthresearch.com.
High Velocity user. Thanks Keith for all your insights.