[POT ALERT] Stop Watching and Start Winning
Everyone is focused on Canadian legalization and what it will mean for pot companies.
Don’t get me wrong, there is a ton of potential in Canada’s legalization for pot investors.
But, while people are focused on Canada, they are missing a much bigger story unfolding here in the States this week.
The Next HUGE Pot Deal
What happens when you mix Coke and marijuana?
I’m talking, of course, about Coca-Cola. Coke is a business so massive that it’s hard to wrap your head around. An average 3.1% of all beverages consumed around the world each day are Coca-Cola products.
And some day very soon, some of those products might include cannabis.
According to reporting done by Bloomberg and Fox Business, “Coca-Cola is reportedly in talks with a Canada-based cannabis producer to make marijuana-infused beverages to help ease drinkers’ inflammation and pain.”
As of this writing, the companies in question have been mum on whether the details are true.
We’ll see if there’s anything to the news stories soon.
In the meantime, the revelation has helped to spur some momentum across the board in pot stocks.
The fact that the world’s biggest beverage company would be seriously investigating a space like CBD is providing an important piece of proof to investors who have been sitting on the fence watching the pot space unfold.
Case and point… Tilray (NASDAQ: TLRY)
Tilray Sets Tone for More Explosive Gains
It’s been an active week for pot stocks in general thanks to insane trading in a recent IPO called Tilray this week.
Even folks who don’t follow the cannabis market closely are paying attention to Tilray.
At certain points yesterday, Tilray became worth more than Twitter.
And while many are calling this stock’s valuation crazy, the reality is that lots of transformational industries have experienced crazy prices… until the values of the companies within them caught up.
We’re seeing that with cannabis right now.
I’ll be keeping a close eye on the whole Tilray drama and how it impacts our positions. I think that it makes sense to be a little more defensive this fall, but not too defensive — momentum is clearly on our side here.
And a spotlight on any single cannabis stock is arguably a good thing for the rest of them.
Ultimately, I think that mainstream market watchers are going to be surprised at what legal pot companies are worth a year or two from now.
Speaking of which I may have discovered the next Tilray already.
For an insider’s look at what I’m working on next click here.
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