Pot stocks are getting ready to absolutely TAKE OFF right now.
My target gain on these three stocks is 100% to 300% profits within 90 days. Go here to get invested before the next big move.
Sound crazy? It’s completely possible.
Just take a look at this month’s performance of Canada’s #1 pot stock, Canopy Growth (TSE: WEED):
Shares are up 45% in the last 22 days.
Now, this isn’t some fly-by-night stock. It’s the leading company in the legal cannabis sector, with a market capitalization of C$3.5 billion.
Many factors are fueling the big move for this stock. But the top reason is that a Fortune 500 company called Constellation Brands paid $191 million to buy a 10% stake in Canopy Growth.
Now, Constellation isn’t a household name. But you’re probably familiar with its Corona beers, Svedka vodka and Canadian Whiskey.
The two companies plan a cannabis-infused drink for the Canadian market. Plus, the companies have the potential to bring that product to market in the U.S. Of course, it’ll only happen once the federal government begins listening to the American people and passes reasonable legislation.
In retrospect, Constellation got a great deal on Canopy shares.
The position is already up 45%, and Constellation also has an option to increase its ownership to 20%.
Constellation’s strategic investment is the FIRST of these types of transactions.
Here we have a multi-billion-dollar alcohol company making a smart investment in legal cannabis. Constellation sees legal cannabis as a threat, and it’s partnering up to mitigate that risk.
In the coming months, we’re likely going to see more deals just like this.
Big tobacco companies are already dabbling in legal weed. What are the chances that companies like Altria (NYSE: MO) or Phillip Morris (NYSE: PM) decide to get in on the action?
Or will other alcohol companies such as Anheuser Busch Inbev (NYSE: BUD) or Heineken (NYSE: HINKY) follow suit?
We know that both tobacco and alcohol companies feel threatened by legal cannabis. And the natural next step is to BUY shares of Canada’s publicly traded pot stocks.
This merger and acquisition activity could send share prices up more than 100% within the next couple of months.
Until now, most companies have been sitting on the sidelines. That all changes on Jan. 1, 2018.
Now’s the time to get invested – before these three stocks make the next big more.
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