STZ

Constellation Brands Inc

Trading Strategies

This Pot Stock Has Uplisted and Is Poised for Massive Profit Potential

As I've mentioned numerous times by now, Canada is right at the doorstep of becoming the first G7 nation where the use of recreational cannabis is legalized for the entire country.

I can't emphasize enough how big this is.

In fact, the recreational marijuana market in Canada could be valued at anywhere between $5 billion and $10 billion per year.

The company that I'll be talking about today is one that I first recommended to my Nova-X Report readers way back in 2016.

The company has recently gone through some exciting developments and can take advantage of the massive potential of the marijuana market.

You see, on May 24, the company uplisted, and its shares are currently trading on the New York Stock Exchange, in addition to trading on the Toronto Stock Exchange.

Here's why this move will maximize this stock's profit potential.

You see, uplisting will benefit the stock's price, liquidity, and potential appreciation.

First, by moving up to stronger and more recognizable exchanges, the stock will broaden its available shareholder base.

Second, the exchanges and market participants are more likely to offer greater liquidity and price discovery and be more active in supporting and trading the stock.

So let's take a look at this Canadian pot stock and its potential for massive gains...

Trading Strategies

April Has Already Been an Amazing Month for Legal Weed

It's been touch and go for the stock market, I admit, but the global advancement of cannabis took some significant steps forward over the past few weeks.

This likely points to bigger gains for weed stocks, like the ones in my Nova-X Report Roadmap to Marijuana Millions model portfolio, just around the corner.

The momentum is unstoppable.

Earlier this week, I told my paid-up Nova-X Report readers that popular sentiment has moved much too far in favor of legalization of marijuana for anything – even Jeff Sessions – to stop it.

A Gallup poll last year showed 64% of Americans are in favor of marijuana legalization; more states are setting up legalization campaigns.

And none of this even takes into account the multibillion-dollar potential to be unlocked when the entire nation of Canada legalizes cannabis this summer, as we expect it will.

And just when it seems like things couldn't get much better… they do.

Because now we hear that legal weed will be bigger than wine.

Just take that in for a moment - because it looms large among a couple of pot-bullish developments I want to tell you about this week...

Dow Jones

All-Time High Dow Jones Today Tested by December Jobs Report

Investors are optimistic the Dow Jones today will continue its upward momentum after topping 25,000 points for the first time on Thursday.

Dow futures are up 89 points this morning as a result. Despite 45,000 fewer than expected new job additions in December the U.S. economy is looking strong following Trump's tax overhaul.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar...