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| May 22, 2018 On Our Way Up North, This Canadian Cannabis Insider Sets the Scene By Michael A. Robinson
Dear Strategic Tech Investor Reader,
Mark your calendars for June 7.
That's the day the Senate of Canada is scheduled to vote on bill C-45, which will finally, officially legalize recreational cannabis in that nation.
This law is widely expected to easily pass.
And after Canada opens up that recreational market later this summer, New Frontier Data anticipates it will be a $6.7 billion market this year alone.
To me, that makes June 7 a crucial date for legal marijuana businesses - and their investors.
And that's why I'm sending some of my team to the Lift & Co. Cannabis Business Conference in Toronto later this week.
After all, studying the marketplace, meeting with key industry insiders, and figuring out which companies are best positioned to take advantage of such extraordinary profit catalysts is what we do here - day in and day out.
Many of the industry's leading lights - top CEOs, venture capitalists, and technical experts - are flocking to this conference. And we'll be there with them to gather the sort of under-the radar-insights that can result in big gains for investors like you.
In fact, I sat down with one insider, the executive chairman of diversified cannabis company Emerald Health Therapeutics Inc., on the eve of the Toronto conference to get his insights. During our conversation, Dr. Avtar Dhillon let me in on his game plan for the conference - and what he's expecting throughout the rest of 2018.
Now, I can't share my full conversation with Dr. Dhillon because I've promised that exclusive access to members of my Nova-X Report research service. But it's easy to join us there. Just click here.
Global spending on legal cannabis will hit $57 billion by 2027, according to Arcview Market Research, and the "first movers" in this space - both marijuana companies and their early investors - are going to reap the biggest rewards.
So this is a conversation you need to be a part of...
[PROFIT OPPORTUNITY]
We talk a lot here about pot stocks - and also about Bitcoin - but some of the best profit opportunities out there are still in good, old tech. Check this out...
With one decisive move, the FCC granted approval for this tiny company's breakthrough device - and unlocked an INSANE ground-floor profit opportunity for early investors. The timing on this situation is of the utmost importance. See, now that the FCC has given the green light, the manufacturing phase is set to begin at any moment.
And not only will this new technology be at the heart of a colossal global shift - it's also going to impact every single aspect of your day-to-day life. And this one tiny company is at the center of what's projected to be a $37 BILLION industry in just the first several years alone.
With a ground-floor opportunity like this, it's not about how much money you risk... it's about learning how to get in early. Go here and you can see exactly how to do that.
A View From the Inside
Dr. Dhillon is heading to the Lift & Co. Conference, too, so I expect my team to pick up more insights from him in the coming days.
Besides heading up British Columbia-based Emerald Health, Dr. Dhillon was also just appointed board chair of the Cannabis Canada Council. This industry group is the result of a merger between the Cannabis Canada Association and the Canadian Medical Cannabis Council.
In his new position, Dr. Dhillon has been hosting business and government officials from around the world, and they're all interested in seeing how Canada is setting up its cannabis industry ahead of full legalization.
This legalization run-up has given Canada's pot companies a chance to get settled ahead of the competition in the United States and elsewhere. And it gives them a tremendous growth opportunity as they're setting up deals internationally as other countries legalize marijuana, Dr. Dhillon tells me.
"There's a lot of money out there that has not had a chance to partake in where this industry is going," Dr. Dhillon says. "It's not too late. One of the lowest hanging fruits is going to Canada for established, public entities that have gone through regulatory scrutiny."
I couldn't agree more.
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But let's face it: it's been a rough so far this year for pot stock investors - and so I grilled Dr. Dhillon about his industry's near-term prospects.
He didn't blink. While he knows investors aren't happy about cannabis companies' sharp drop early this year, he was quick to point out three big catalysts - "ignition points" - that are going to lead to soaring pot stock profits - and share prices.
And soon...
- A Fully Legal Great White North: Canada is the second-largest single market for legal cannabis in North America behind California, according to Arcview Market Research and BDP Analytics. Canada's total legal weed market - when you add in the growers, the value-added product makers, the testing labs, security, tourism, exports, and all the rest - soon could reach $22.6 billion, a Deloitte study notes. "Legalization is one of the greatest opportunities in the world at this point and in the foreseeable future," Dr. Dhillon says.
- Big Moves in D.C.: Dr. Dhillon is, like me, very excited about political and legal reform in the United States as an "ignition point" for higher profits. Legislators from both political parties are collaborating to keep the feds' hands off marijuana in legalized states, to legalize industrial hemp, and to license banks to handle the billions generated by legal cannabis sales. And that's not even including the fact that citizens in a host of states are set to vote on legalization bills this fall. About 63% of U.S. voters now support fully legalizing marijuana, according to the latest poll by Quinnipiac University. Support for medical marijuana is effectively universal - 93% of those polled approve. "The key thing in my mind is when, in the U.S., growers can grow and sell pot and put the money into a national bank," Dr. Dhillon said. "That's when the big money is going to come in."
- The First $1 Billion Cannabis Drug: Finally, Dr. Dhillon sees a potential Biotech Blockbuster as another huge "ignition point." In late June, the U.S. Food and Drug Administration is expected to give final approval to the cannabis-based epilepsy treatment Epidiolex for the U.S. market. In mid-April, an FDA advisory committee voted 13 to 0 in favor of Epidiolex as a treatment for seizures related to two rare forms of epilepsy. Overturning this type of unanimous recommendation would be absolutely extraordinary. "I don't see any barriers to seeing this approved," Dr. Dhillon says. And when this happens, it's going to help change sceptics' minds about the medical usefulness of cannabis-derived pharmaceuticals. British company GW Pharmaceuticals plc (Nasdaq ADR: GWPH) developed the drug, which I expect to reach $1.7 billion in yearly sales by 2026. That's going to ignite not just GW, but the entire "ecosystem" of medical marijuana and cannabis-based biotech.
Now, I'll be back soon - with my some of my team's insights from the Lift & Co. Conference. I know they'll be talking to Dr. Dhillon - and I hope they get a chance to chat with some of these folks, too.
For instance, John Clare, director of policy for the Canadian government's Cannabis Legalization Regulation Secretariat, and Chris Friel, mayor of Brantford, Ontario, will be there to provide their insiders' perspective about the regulatory landscape.
ALERT: FCC's Historic Decision Could Send This Stock Straight to the Stratosphere
This tiny company has done something unprecedented. In one fell swoop, the FCC approved their game-changing device... and opened up MASSIVE gain opportunities for early investors. The technology behind this is about to transform the world on a scale we've never seen before - and could give you a chance to create staggering wealth for generations to come. But if you want to take advantage, you need to act fast. You won't believe the impossible feats this technology is capable of. See it for yourself here.
And Hugo Alves, president and director of leading industry advisory Wheaton Income, and John Kagia, vice president of industry analytics at New Frontier Data, will be at the conference to discuss the lucrative expansion of cannabis into international markets such as Germany and Australia.
Those are two big trends on my radar. And they should be on yours, too.
So look out for more "from the inside" news from us as these exciting trigger dates approach.
Of course, if you want our full reports from Toronto, you'll need to join us at Nova-X Report. To do so, just click here.
I hope to see you there soon - where my members are using tech, legal cannabis, and cryptocurrency plays to build their wealth portfolios to heights they never imagined.
And I'll see you back here on Friday.
| Here's what else I'm following... Attention U.S. Citizens Age 50 or Older: Did Social Security Short-Change You $23,441?
Audits by the U.S. Inspector General just revealed a BOMBSHELL. Tens of thousands of Americans have been grossly underpaid... And if you're one of them, you could get a lump-sum check within five days. Are you entitled to this money? Learn more details here.
Our Top Military Tech Play Is Untouchable
The Boeing Co. made the Southwest Airlines aircraft that just saw an engine fail and resulted in the death of Jennifer Riordan. Meantime, shares of Boeing came under pressure because of a possible trade war with China. But five days after the fatal flight, the Chicago-based titan reported record earnings that reflect a boom in commercial aviation and the growth in defense spending. To show you why Boeing remains such a great stock for the long haul, let's focus on the two main areas that will fuel the company's growth for years to come. Take a look...
LEAKED: One of the Most Closely-Held Energy Secrets in the World
The most valuable company in the world isn't a tech giant... or a vehicle behemoth... or even a cryptocurrency firm. It's an oil company, and it's owned by the government in Saudi Arabia. For 40 years, the firm's finances have been a closely guarded secret. But Dr. Kent Moors has gotten his hands on some leaked information on this secretive company. To see how it will affect Saudi Arabia's $2 trillion IPO, how you could profit, and to receive all of Kent's Oil & Energy Investorresearch free of charge, just click here.
The Day "Dr. Doom" Became "Mr. Wrong"
"There is no decentralization," Nouriel Roubini, nicknamed "Dr. Doom" for predicting the 2008 financial crisis, recently said about blockchain. "It's just bull-t." Now, I'm not going to stoop to Roubini's level and use potty talk. Instead, I'll just give him a new nickname: "Mr. Wrong." According to Gartner, the value of blockchain could surpass $1 trillion over the next decade. So, today I'm going to show you some cold, hard facts to prove that Roubini is, indeed, Mr. Wrong. And then I'll introduce you to three global industry leaders that are already using blockchain tech to improve their businesses. Take a look...
YOU MAY HAVE MISSED... Learn How to Use Your Cellphone to Help Collect Extra Cash Every Week
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