As early as next week, New Jersey could be the 11th state to legalize adult use of marijuana.
In fact, important votes are happening today.
Legalization is sweeping across the country – fueling a $100 billion growth market. Everyone knows that “pot stocks” are taking off . . .
But most folks are missing out on this explosive growth sector (click here for details).
In fact, I’m expecting up at least 1,053% profits from these three stocks.
Today is a huge day for the legalization movement.
In New Jersey, two state legislature committees will be voting to legalize, tax and regulate cannabis.
At 12 p.m., the state Assembly Appropriations Committee will hold a hearing. And at 2 p.m., the Senate Judiciary Committee will meet.
If the bill is cleared by both committees . . .
It could be headed to the floor for a final vote next week. State legislators and the governor are under pressure to get the bill to legalize cannabis done by March 25.
New Jersey wants to legalize cannabis before New York state. Each of the neighboring states wants to be the first in the area to offer recreational weed.
What companies could benefit from the move to legalize cannabis?
Two specific stocks come to mind.
First is Curaleaf (OTC: CURLF). The company is one of the largest multi-state operators with 42 dispensaries in 12 states.
Curaleaf has a dispensary in Bellmawr, New Jersey. And the company is building a two-acre greenhouse in the state.
Legalization of recreational cannabis could allow the company to expand its production and distribution of cannabis in the Garden State.
Second is TerrAscend (OTC: TRSSF). The Canadian cannabis company was issued one of six permits to operate in New Jersey. With 146 applications, this is a highly coveted permit.
This gives the company a shot at running a vertically integrated cannabis operation in Phillipsburg, New Jersey.
Approval in New Jersey could be good news for these stocks. Of course, I’ll give you an update as soon as we have news from the state legislature.
I’m expecting even bigger profits from these top three stocks.
Frankly, the gains are bigger than anything I’ve ever seen before.
My price targets were just announced . . . and they’re huge. I’m talking about 1,053%, 2,977% and even 4,235%.
Yours in Profits,
Full Disclosure: Ian Wyatt owns shares of Curaleaf.