Billions Will Be Made in This Once-Underground Market
Billions Will Be Made in This Once-Underground Market by Nick Giambruno – International Man
The war on cannabis is almost over.
Countries around the world—including Germany, Canada, and the US—are steadily peeling back cannabis laws. That means you can finally profit from this $150 billion market… legally.
Soon, cannabis will make some investors very rich.
I recently spoke with my friend and colleague Chris Lowe about this. Chris is the editor of Bonner & Partners’ Inner Circle. His publication shares insights from Bill Bonner’s personal global network of analysts and investment experts.
There’s a lot of money to be made here. So I wanted to pass along our discussion to International Man readers.
Until next time,
Senior Editor, International Man
Chris Lowe: A lot of folks still see cannabis as a dangerous drug. Or at least a time-wasting pastime. Walk me through how the cannabis boom got onto your radar.
Nick Giambruno: I work alongside Casey Research founder Doug Casey. Doug and I are expert crisis investors. That means we chase political and economic turmoil around the world—and the profitable opportunities it creates.
Doug and I spend a lot of time in the world’s most obscure and violent places. That’s usually where we find the worst crises… and the best fortune-building opportunities for our subscribers.
At first sight, cannabis stocks might not seem like a classic crisis investment. The industry isn’t coming out of a brutal bear market, as is the case with most crisis investments.
Instead, cannabis is in the early innings of a mega bull market.
But crisis investing is also about taking advantage of distortions in the marketplace caused by politics. It’s also about profiting from aberrations of mass psychology. This is what Doug and I are doing with the legal cannabis market.