Americans Spoke on Election Day: Here’s Who Won

Palm Beach Daily

Americans Spoke on Election Day: Here’s Who Won

By William Mikula, analyst, Palm Beach Daily

The 2020 presidential election is one of the most controversial in U.S. history. As I type this… the debate over who’ll become the 46th president still hasn’t been settled yet.

And as confusing and chaotic as the post-election process has been… the opposite is true for a sector we’ve been following closely at PBRG.

While the country is largely split along party lines, the American people spoke loud and clear on election day: Legal cannabis is here to stay.

All told, some form of cannabis legalization was on the ballot in five states: South Dakota, Montana, Mississippi, Arizona, and New Jersey.

And it passed in all of them… a clean sweep.

But this overwhelming landslide isn’t a surprise. According to the latest polls, 68% of Americans favor cannabis legalization. It has broad support across party lines.

Today, 15 states allow adult-use. That means cannabis is treated about the same as alcohol. Medical use is permitted in 22 states.

In total, 37 states have some form of legal cannabis on their books. And in all, roughly 245 million Americans have access to legal cannabis.

It also doesn’t matter whose name is ultimately on the stationary at the Oval Office…

Joe Biden has expressed support for cannabis decriminalization. And President Trump has taken a hands-off, states’ rights position. So, either candidate is a win for the sector.

This year we’re on track to see $19 billion in sales. That’s generating an estimated $2.6 billion in taxes. And the best part is, each new state serves as a legalization domino for the surrounding states.

EXCLUSIVE: U.S. Military Quietly Pours Millions Into Tiny Boston Biotech

Think about it. In the U.S., it’s very easy to cross state lines. So there’s nothing to stop consumers from buying legal cannabis in neighboring states.

This forces the hands of state governments to approve legalization measures… Or else miss out on tens of millions in tax revenue. That tax revenue is all the more important now due to COVID-19 induced budget shortfalls.

At the current rate, Research and Markets forecasts the market to be worth $65 billion by 2027. That’s an annual compounded growth rate of roughly 30%. And cash-strapped states will be salivating to get a piece of it.

Folks, the train is leaving the station. If you haven’t already jumped on it, it’s time to place some chips down at the legal cannabis table.

How to Find the Best Cannabis Companies

At our elite advisory, Palm Beach Venture, Daily editor Teeka Tiwari and I have been positioning our readers in high-upside legal cannabis private deals and select stocks.

For both, here are the criteria we look for:

  • A founding and executive team with plenty of experience and a track record of success.

  • Revenue that is growing by at least double digits quarter after quarter.

  • The ability to become EBITDA and cash-flow positive within two years.

  • More cash than debt on the balance sheet.

As you can see, this is a pretty stringent list. And it’s that way by design…

As with any new, exploding market, there are plenty of landmines that come with meteoric growth. These can come in the form of frauds, fakes, and frivolous mismanagement: the “three Fs of doom,” if you will.

And the checklist above will help you avoid the three Fs.

WARNING: You’re about to lose access to 5 trade alerts with spectacular profit potential

At this point, legal cannabis makes the perfect asymmetric bet. These are trades where you can put down tiny grubstakes for the shot at massive gains – I’m talking about 10x, 100x, even 1,000x your money.

During the last cannabis bull market in 2015-18, we saw companies like Cronos Group, Aurora Cannabis, and Canopy Growth make gains of more than 13,419%… 3,619%… and 4,238%, respectively. That’s enough to turn every $1,000 into $135,190, $37,190, and $43,380.

By avoiding the three Fs and making tiny, uniform bets on a basket of quality cannabis names… you can participate in massive upside without putting your current lifestyle at risk.

In fact, Big T calls the green wave a “home run” for legal cannabis:

Once sentiment finally catches up to the reality of booming sales and increased legalization… we’ll see a new upcycle in cannabis just like we’re seeing in crypto.

As Big T says – with the legalization tailwind behind it – we expect a new bull market to break out in the cannabis sector. And that will explode certain names higher.

Recommended Link

Former $200 Million Money Manager Shares Trading Secret

ad_img

Meet master options trader, Jeff Clark.

While working as a private money manager, he controlled as much as $200 million on behalf of the Silicon Valley elite, Fortune 500 executives, and even pro athletes.

And over the past few years, he's called exactly 493 winning options plays.

But he's recently admitted he's been taking money OUT of options…

The reason why could help you double your money in as fast as 30 days…

Show Me How
--

Cashing in on the Green Wave

As I mentioned above, Research and Markets forecasts the legal cannabis market to be worth $65 billion by 2027. So there’s still plenty of upside in this space.

If you’re looking for broad exposure to the legal cannabis sector, consider the Horizons Marijuana Life Sciences ETF (HMLSF). It holds a basket of some of the best names in the space.

Since the green wave on election day, the ETF has shot up 17%… with more gains likely to come.

Always remember… do your homework before making any investment. And never bet more than you can afford to lose.

Invest Wisely,

William Mikula signature

William Mikula
Analyst, Palm Beach Daily

P.S. Before the pandemic, Big T and I traveled the globe looking for early-stage opportunities in the legal cannabis space… And while we’ve curtailed our travel since then, we’ve kept our Rolodex of names wide open… and continue to work our network of insiders.

Right now, we see three cannabis-focused companies that could position you before the post-election legal cannabis megatrend really takes off. And we believe they have the potential to return 3,900%, 4,900%, and 11,222%.

To learn more about these private, under-the-radar opportunities available in our Palm Beach Venture advisory, click here.


Like what you’re reading? Send us your thoughts by clicking here.

IN CASE YOU MISSED IT…

Shocking 47-Second Demonstration (potential 60x gains at stake)

What this millionaire does in the next 47 seconds will give you the chills.

It involves a $1,400 top-of-the-line 5G phone… a hammer… and a $2.7 trillion tech secret.

You need to see it for yourself… because if you watch this demonstration and take the steps this gentleman recommends, you could see up to 30 to 60 times your money… in months, not years.

Click here to watch it now.

image


Get Instant Access

Click to read these free reports and automatically sign up for daily research.

image

An Insider’s Guide to Making a Fortune from Small Tech Stocks

image

How You Can Start Profiting From Maganomics Today

image

The Three Best Gold Coin Deals on the Market Today

Palm Beach Research Group
55 NE 5th Avenue, Delray Beach, FL 33483
www.palmbeachgroup.com

Share FACEBOOK
Tweet TWITTER

To ensure our emails continue reaching your inbox, please add our email address to your address book.

This editorial email containing advertisements was sent to phanhoa1821960.trader@blogger.com because you subscribed to this service. To stop receiving these emails, click here.

Palm Beach Research Group welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice.

To contact Customer Service, call toll free Domestic/International: 1-888-501-2598, Mon–Fri, 9am–7pm ET, or email us here.

© 2020 Common Sense Publishing, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Common Sense Publishing, LLC.

Privacy Policy | Terms of Use

No comments:

Post a Comment