Canadian Cannabis stocks are obviously something you seriously need to consider as……Canada plans to make the sale of weed “legal” on a federal / national level any time soon. You don’t want to miss the boat when these cannabis stocks take off, and aside from the raft of new companies soon to hit the public market – there are already several Canadian cannabis stocks to considering taking a stab at.
Investing in weed makes pretty good sense considering what we’ve seen happen in Colorado. as I understand it, the state of Colorado has taken in such enormous tax dollars based on this new revenue stream that they are actually considering “tax refunds” for residents. Not bad considering crime rates have stayed the same and there is no indication that the legalization of cannabis production and possession has had “any” adverse effect.
Why Invest In Canadian Cannabis Stocks?
Canada has yet to pull the trigger but once the deal is formalized – one only needs to look to Colorado’s numbers to extrapolate what’s in store for weed stocks. Big numbers. Really big numbers. Here’s a look at one of Canada’s front running cannabis stocks.
Investing In Canadian Cannabis Stocks
Investing in Canadian cannabis stocks some months ago (obviously) would have been fantastic but keep in mind….the first round of savvy investors took on tremendous risk whereas now…there’s really no question that these cannabis stocks have not only weathered the early storm – but have flourished.
Investing in Canadian cannabis stocks looks somewhat similar to the “good ol days” back when tech stocks where “purely speculative”. Weed is obviously here to stay, and the heavy lifting has already been done. I’m looking at creating starter positions in a wide range of cannabis stocks ( Canadian stocks specifically ) and building as the official announcement draws near.
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