This Little-Known Company Is Revolutionizing the Marijuana Industry
This Little-Known Company Is Revolutionizing the Marijuana Industry by Justin Spittler – Casey Research
Big money is pouring into marijuana.
During the first four months of 2017, cannabis-related companies raised more than $700 million. That’s almost seven times more than they raised during the same period last year.
This isn’t “dumb money,” either. Some of the world’s savviest investors have placed huge bets on marijuana.
Peter Thiel, for example, recently invested millions of dollars in Privateer Holdings, a private equity firm focused on legal cannabis.
Thiel was an early investor in Facebook, and is a legend in Silicon Valley.
Then there’s venture capital firm Benchmark Capital, which was an early investor in Twitter, Uber, Snapchat, and Instagram.
It recently put $8 million in Hound Labs, an Oakland-based startup that’s developing a device to test whether drivers are under the influence of marijuana.
These are big investments from big-time investors.
• It tells us the marijuana boom is for real…
And that’s exactly why you should consider speculating on marijuana stocks if you haven’t already.
But you should realize something before diving in…
The best marijuana investments aren’t traditional marijuana companies. They’re companies that serve the industry.
But don’t just take my word for it. Look at what Phyto Partners is doing…
Phyto Partners is a venture capital fund that invests in early-stage cannabis companies. Today, it has 12 companies in its portfolio. And none of them grow, process, or sell marijuana.
Instead, they serve the marijuana industry.
One of those companies, New Frontier Data, is a major marijuana data firm. Another, Steep Hill Labs, is a leader in marijuana lab testing.
Then there’s Grownetics…
• This company is radically changing how people grow marijuana…
I know because I recently visited the Grownetics team in downtown Boulder, Colorado.
In a minute, I’ll tell you how Grownetics is revolutionizing the marijuana industry. I’ll also tell you about the incredible insight I learned while in Boulder.
But let me first tell you what I was doing there. After all, Boulder’s a long way from Casey Research’s headquarters in Florida.
• In June, I did something I’ve wanted to do for years…
I turned in my apartment key. I sold most of my belongings. And I hit the road.