Shocking Prediction #5: Marijuana Will Be Fast Tracked For 50-State Legalization In 2015
It’s that time of the year again…
Game-Changing Stocks editor Andy Obermueller has just released his annual “shocking predictions report” for 2015.
If you aren’t familiar with Andy or his shocking predictions report, then you’re missing out on one of the most controversial (yet insightful) pieces of research that our company regularly publishes.
#-ad_banner-#As StreetAuthority’s resident expert in what he calls “the next big thing,” it’s Andy’s job to track down and find the market’s hottest growth opportunities — especially ones that aren’t on most investors’ radars yet.
We’re talking about the kind of returns you’ve dreamed of since first learning of the stock market… Andy won’t even consider making a recommendation unless it offers “10-bagger” (i.e. 4-digit gain) potential.
That’s why once a year Andy publishes his shocking predictions list. This report gives him the chance to showcase some of his unorthodox — yet most promising — growth opportunities for the coming 12 months.
Over the years these predictions have proven convincingly accurate…
For example, in his 2009 report, Andy predicted a big breakout in nanotech. At the time, everyone thought he was crazy. The economy was in shambles and the market was in a free-fall. No one wanted to invest in stocks, let alone a sector as high-flying as nanotech…
But that didn’t stop Andy from calling nanotech “an opportunity of enormous proportions.”
Turns out he was right and nearly 18 months later the naysayers were eating crow. By April 2011, Andy’s nanotech pick had shot up over 270%.
Then in 2010, Andy made a surprising prediction about an obscure technology called radio-frequency identification, or RFID. He specifically told his subscribers that RFID was likely to be the “best sci-fi speculation of the year.” The end result was that his three RFID picks had soared 42%… 89%… and 310% within a year of being featured in his report.
These are just a few of Andy’s success stories. Here’s a look at some of his other winners that have come from his predictions…
Of course, we can’t guarantee that this year’s forecasts will be as profitable as years past. We also recognize that not every prediction Andy makes will come to fruition. That’s OK. Because as Andy has pointed out many times before, with a proper allocation of your portfolio to “game-changers,” all it takes is a few big winners to really move the needle on your portfolio.
But if history is any indicator, then Andy’s shocking predictions are worth watching. Given the success of his earlier predictions, it’s no stretch of the imagination to say that one of the picks in this report could become the next Google (Nasdaq: GOOG), Amazon (Nasdaq: AMZN) or Apple (Nasdaq: AAPL).
That’s why today we want to share one of these predictions with you — and give you some stock picks associated with it.
Andy’s Shocking Prediction #5: Marijuana will get fast-tracked and become legal in all 50 states.
You’ve undoubtedly heard about what’s going on with marijuana in the U.S.
Pot, which was once considered a taboo, is quickly gaining mainstream acceptance. Today, even the President of the United States has openly admitted to having smoked marijuana in his youth. When the news broke, no one even seemed to blink.
We’re already seeing how Americans’ changing attitude towards the drug has affected our legal system. For example, voters in both Washington state and Colorado have legalized marijuana for recreational use, while some 20 other states have given it the nod for medicinal purposes.
The problem is that for now, pot is still illegal at the Federal level as a Schedule 1 drug under the Controlled Substances Act. That means even though states like Colorado and Washington state find no problem with dispensaries growing and selling weed, the Feds still see the possession of marijuana as a punishable crime.
As a result, legitimate marijuana operations have had a hard time growing their businesses. After all, if the Feds wanted to they could bust down the door of every dispensary in the U.S., seize their assets and haul the owners off to jail.
They haven’t because, in 2012, President Obama swore that the government wouldn’t pursue marijuana users in states where voters have legalized its use.
But regardless of the President’s oath, this dichotomy can’t last. You can’t have two legal codes — both of which are supposed to operate in unison — stand in such direct conflict with one another. Something has to give.
As a result, one of two things is going to have to happen. Either the Federal government is going to have to man-up and start actively prosecuting marijuana users, or it will have to give in and allow for the full-scale legalization of the drug.
Andy’s vote is on the latter. Here’s why, courtesy of Andy’s newest report, “The 11 Shocking Investment Predictions For 2015”:
The fact that pot is illegal doesn’t seem to stop very many people from lighting up.
The State of Legal Marijuana Markets report, released in early January by ArcView Market Research, estimates legal cannabis hit $1.43 billion in sales in 2013 and that it will grow 64% to $2.34 billion in 2014.
To put that in context, that’s a rate of growth faster than smartphones achieved. ArcView said more than 590,000 Americans will have bought pot legally from a retail storefront by the end of this year.
That is just the beginning.Cannabis’ growth potential is reflected in Gallup polls, which have shown a continued uptrend in marijuana use since 1969. In October 2013, a record 58% of Americans said “yes” when asked if marijuana should be made legal, and only 39% said “no.”
He goes on to say…
The companies able to establish themselves as the leading providers of premium-quality marijuana and derivative products will be wildly successful as more state legislatures give grass the nod.
While there are several risky, micro-cap over-the-counter (OTC) stocks available to buy including Cannabis Science (OTC: CBIS), Fusion Pharmaceutical (OTC: FSPM), Hemp Inc. (OTC: HEMP), many of these companies aren’t yet profitable.
I believe it’s too soon to tell what will happen with these companies. I typically only consider companies with existing products and uptrending revenue as potential picks.
For me, market cap and volume are highly important factors in most of my stock picks. And with marijuana still in its infancy from an acceptance and legality standpoint, I prefer the equipment and drug makers.
That’s exactly why I like GW Pharmaceuticals (Nasdaq: GWPH), which is one of the only marijuana plays traded on a large exchange.
This is the maker of Sativex, an MS treatment that is the first cannabis plant derivative to gain government approval in any country. It’s also the only marijuana company I know of with a billion-dollar market cap.
GGW’s groundbreaking drug is in Phase III trials in the United States, but once it hits the shelves, get ready for big gains as marijuana gains more acceptance statewide.
Of course, we understand if you have problems investing in the marijuana space. We know that even though the majority of Americans are now in favor of legalizing the drug, there are still many who have ethical reservations against it.
After all, to deny the opportunity in pot is to forgo the fact that, if legalized across the country, this burgeoning industry could be one of the biggest growth stories of the next decade. If that does indeed happen, then investors could start reaping the rewards from this trend as soon as next year. And that’s exactly why he’s included it as one of his most shocking predictions for 2015…
Andy’s prediction about pot is just the tip of the iceberg… Some of his other predictions for 2015 include the private “millionaire’s only” stock market that will be finally be opened to everyone… how Iran could unleash a new technology that will affect every American (and could turn a $2,500 investment into $11,515)… and Apple’s new currency that will upend the banking industry as we know it. To learn more about these shocking predictions and others that could make early investors a killing, follow this link.