Get Rich on Marijuana Stocks - the $142 BILLION Cash Crop!
Posted by Douglas Dennis on
Whats better than ingesting your favorite green botanical medication? Being "fuck you RICH" and ingesting your favorite green botanical medication. And now, ladies and gentleman, we all have the opportunity to get in on the absolutely BOOMING new industry that is the marijuana stock market. Currently enjoying a growth rate of 77% from 2013 to 2014 and an estimated 700% growth rate by the end of 2018, it is currently THE BIGGEST cash crop in the United States of America. It's valued at about $142 BILLION. Coffee, in comparison, is at $80 Billion worldwide per year. Green is EVERYWHERE. Green, green, green, green, green. All kinds of green going on here.
No longer are the effects of getting high just physical, mental, spiritual, social, or medicinal. They are FINANCIAL. Purple Haze can put you in a purple Mercedes. Weed affects your wallet now - in more ways than one. According to The Cannabist, Marijuana Benchmarks hit a historic LOW at $1,292 per pound. I was browsing through WealthDaily.com, and according to them, "a $10,000 investment in WEED turned into $225,000." Apparently, a Marijuana producer, Aphria Inc. (TSX: APH), was trading at around $1.10. By January 2018, it hit $24 - which is a 2,081% gain...
Let me tell you something. You want that that that in your life. We all do. THAT'S the kind of green we could all use.
Allow me to give you a brief overview of "Market Capitalization" so you can get out there and get in on this blossoming industry for the first time in modern history. [Make sure to always do your own research and develop your own strategy] Simply put - it is one way to evaluate a stock. It's the number of outstanding stocks multiplied by their price. Thus, 10,000 shares X $100 per would = $1,000,000 evaluation Market Cap. A low Market Cap - which generally is considered high risk/ high return. a HIGH Market Cap is considered low risk/ low return.
Now you're ready to get your Monopoly on. So stuff that pipe with some charas or Black Widow and start enjoying the many benefits of smoking weed.
Legal Disclaimer: this is not professional financial advice :)
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