There's tremendous momentum in the legal cannabis sector right now. The boom is crackling with excitement and flush with money, reminiscent of the old California Gold Rush.
Call this the "Green Rush," where weed investors are pulling in profits hand over fist.
Yesterday, for instance, it was reported that the 50 licensed marijuana retailers in Nevada, which only went "fully legal" 12 days ago, are already running out of marijuana to sell.
And California is less than six months from opening a legal, recreational market that will dwarf all other legal weed states, plus the entire nation of Canada. I'll tell you why I'm expecting monster profits there in a minute.
But... one of my favorite legal weed plays has been in the news lately for an entirely different reason.
Now, it's not a grower, and it's not a retailer (I save those recommendations for my paid-up Nova-X Report subscribers as part of a comprehensive, well-balanced, 30-stock weed portfolio), but it will be one of the biggest, most important players in this boom sector, especially when California lifts the curtain on its market.