The New Year is officially upon us. I hope you’re as excited as I am.
Now that we’re finally starting to recover from the holidays, I think it’s time that we dive back into the action headfirst. Every single day is another opportunity to make this year the best one yet.
Earlier this week, I asked you all what your New Year’s resolutions are. And the response I received was pretty amazing. There were plenty of the usual things people want this time of year… world travel, weddings, children, new homes…
But what I really enjoyed reading about was all of your investing goals. A great many of you want to invest in one startup per month, every month. That’s a great strategy – I try to do the same thing myself.
But here’s what really surprised me… there were just as many people who wanted to learn about cannabis investing as there were who wanted to step up their angel investing game.
You might not know this about me, but I’m actually really interested in the cannabis industry. See, this is one of the only periods I’ve lived through during which an entirely new market basically appeared out of thin air. The last time was when the Internet was first invented… so this is kind of a big deal.
To me – and to many other angel investors – this kind of thing is a once-in-a-lifetime bounty of moneymaking opportunity. We’re basically looking at an industry that’s already worth tens of billions of dollars… and for the most part, there are no real frontrunners yet.
What I mean is: the market for legal cannabis is so new that there aren’t a whole lot of companies out there mature enough to hold a monopoly. Someday, I’m sure there’ll be an “Amazon of weed,” but right now, it’s the land of plenty. It’s the gold rush, just before the rush.
For the most part, investors are still dragging their feet when it comes to cannabis stocks. Some folks are just plain scared to invest in such newly-minted assets – especially since many of these companies haven’t reached profitability yet.
But the experienced investors know that the best time to get in is when everyone else is scared away. Because here’s the thing: cannabis isn’t likely to go away anytime soon. If things keep going the way they’re going, we could be looking at a $340 billion market – more than 20 times the size it is today.
Like I said – a bounty. The tricky part is knowing which stocks are most likely to ride that wave and deliver life-changing returns.
The Cannabis Investor’s Masterclass is a great starting point. It’s a completely free online class taught by one of the world’s most successful cannabis investors. In the class, he shares the three simple steps he used to build his fortune.
It’s an excellent resource and I encourage anyone who’s interested to take advantage of it. 2020 could be the year that cannabis mints a new group of millionaires – but only those who are prepared are likely to be among them.
Are you prepared?
Until next time,