The Most Controversial Conversation We'll Have All Year

It doesn’t matter how controversial a stock may seem.

If it can predictably make you money, back up the truck and buy it… especially if the sector its in is creating a groundswell of interest last seen in the Internet boom.

Look at the marijuana industry, for example.

Months ahead of the November 2016 vote on the legalization of recreational and medicinal marijuana, smart investors were buying.

In fact, since September 2016, had you invested $5,000 in three of the hottest stocks, here’s what you would have seen not long after.

One stock (OGRMF) turned $5,000 into $15,500.

Another one (TWMJF) turned $5,000 into $23,500.

The third one (GWPH) turned $5,000 into $8,500… All within three months.

Net out the initial investments, and that’s a pure profit of $32,000 in three months.

All because of a groundswell of interest that’s not dying out any time soon.

Tell me who in their right mind would pass on a win like that?  Now explain to me why you may be missing that opportunity again now.

While most of the sector has run up big already, it’s not nearly finished.

Consider this.  Analysts believe it could be a $50 billion behemoth over the next 10 years.  Yet, it’s only trading at a fraction of that now.

That means upside is far from capped.

As new states just begin to legalize marijuana for medicinal and recreational purposes, we’re seeing incredible interest for related stocks.  Analysts believe the industry could balloon to $22 billion by 2020, and $50 billion by 2026.

The biggest catalyst has been the rapidly changing and improving public opinion.

According to Gallup polls, in 1995, just 25% of the nation wanted to see marijuana legalized. By 2005, that figure jumped to 36%.  By 2011, it soared to 50%.

Nowadays, according to Gallup, support is up to 60%, an all-time high.  When it comes to legalizing it for medicinal purposes, support is as high as 84%.

That growing support could put pressure on even more states that have yet to legalize it.

By 2018, for example, New Jersey could legalize marijuana when the next Governor assumes office.  Assemblyman Michael Patrick Carroll recently sponsored a bill in the Assembly that could treat marijuana like tobacco products in the eyes of the government.

If passed, it could allow marijuana to be sold to any one aged 19 or older in unlimited quantities in convenience stores.

The opportunity in Canada is just as impressive.

Health Minister Jane Philpott told the United Nations General Assembly that Canada would introduce legislation to legalize and regulate recreational marijuana in 2017.  That alone would open the door for it to be sold at pharmacies, even liquor stores.

With a population of 36 million, Canada offers a substantial potential market for companies, too. Analysts have already pegged a $3.6 billion first-year target with growth to $5.6 billion in the first five years just for Canada sales.

Controversial or not, smart investors – like you – are still backing up the truck.