Oklahoma has just joined 29 other states in the legalization of Marijuana. The trek to full national legalization grows ever closer. Canada however, is beating the U.S. to the punch. Canada is about to become the first G7 nation to legalize all forms of cannabis usage. For investors in Canadian marijuana stocks this is a big deal, and according to investment guru Matt Badiali its going to get bigger.
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— Matt Badiali (@MattBadialiGuru) August 6, 2018
Matt Badiali is a financial expert and master investor. He writes two newsletters for Banyan Hill Publishing that share projections for his specific niche. That niche is in the realm of natural resources. Badiali is a trained and educated geologist, he treks the globe personally investigating natural resource investments. Matt Badiali actually worked in the natural resource sector as an advisor before moving to finance. His two newsletters, Real Wealth Strategist and Front Line Profits, contain all his projections for the natural resource market as well as suggestions for stock. Most people stateside know Matt Badiali as the man behind the freedom checks investment. The projections he makes for every investment recommended come straight from the horse’s mouth, and right now his projections for Canadian marijuana stock are favorable.
Badiali is a master at predicting when certain stocks are going to boom. His projections for marijuana are backed up by other experts as well. Some say the boom for Canada will be comparable to Silicon Valley in the U.S. Legal cannabis sales for 2017 were around $6 billion dollars, that number restricted to the specific places wherein it was legalized. Countrywide legalization will open the floodgates, and right now many lower level companies have stock for cheap. Badiali sees those companies as a possible investment goldmine. Unfortunately, it is not U.S. gold and stateside investors cannot buy Canadian stock.
This is why Matt Badiali is recommending that U.S. investors put their money in ETF firms that invest money in Canadian cannabis. Should the market hit the high points, and Canadian marijuana companies skyrocket, the stateside ETF’s investing in them will inherit a percentage. Investors who have put money in these ETF’s will get part of that percentage. Before investing though, Badiali strongly advocates for doing some homework.