Do you think Amazon will ever sell legal weed? That’s one thing we’ll discuss in next week’s private briefing – click here for access.
Talk about a “cash crop!”
Legal cannabis sales are expected to exceed liquor sales in Canada. And it’s going to happen within just two years!
CIBC – one of Canada’s biggest banks – estimates that annual cannabis sales will top C$6.5 billion in two years.
That’s over 800,000 kilograms – or 1.7 million pounds – of legal weed.
That’s more than the $5.1 billion Canadian’s spent on liquor in 2017.
Recreational use will account for 95% of legal weed sales, it is estimated.
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Pot Stock Briefing
Pot Stock Puts Up “For Sale” Sign
MedReleaf (TSE: LEAF) is apparently putting up a FOR SALE sign. The company is apparently in talks with Aurora Cannabis (TSE: ACB). MedReleaf – with a current valuation of $2.4 billion – would be a major acquisition for Aurora.
Weekly Performance (Monday – Thursday):
North American Index: +3.1%
Horizon Medical Marijuana ETF: +2.5%
Exclusive Research: $4 Pot Stock Set to Soar
Just-released research reveals the details of a tiny Canadian pot stock that could be getting ready to take off.
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Yours in Profits,