Canadian Pot stocks are headed for the moon as… Canada plans to make the sale of pot legal at the “federal / national level” any time soon. We all know what that means…
You don’t want to miss the boat when these pot stocks take off, and aside from the raft of new companies soon to hit the public market – there are already several Canadian pot stocks to considering taking a stab at.
Investing in pot 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 pot production and possession has had “any” adverse effect.
Why Invest In Canadian Pot 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 pot stocks. Big numbers. Really big numbers. Here’s a look at one of Canada’s front running pot stocks.
Investing In Canadian Pot Stocks
Investing in Canadian pot 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 pot stocks have not only weathered the early storm – but have flourished.
Investing in pot stocks looks somewhat similar to the “good ol days” back when tech stocks where “purely speculative”. Pot 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 pot stocks ( Canadian stocks specifically ) and building as the official announcement draws near.
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