To think that just five years ago, if you mentioned anything about cannabis, marijuana or weed, it was a major taboo and they might have thought you were a druggie or a drug dealer.
Fast forward to today and already it's become not only a legal industry, as of the end of 2018, but also, it's become a multi-billion dollar industry world-wide.
In fact, there are major developments for cannabis for not only recreational purposes but also for medicinal and even in the eating space.
Head over to your nearest health and nutritional store and you'll find there are cannabis induced drinks, protein bars, healthy snacks, candles and even cooking oils.
And this is just the start of an industry that is about to explode and take our portfolios much higher.
Don’t miss your chance to pocket fast gains from the global financial markets - Like 88.25% on the USD/ZAR, 31.25% on BMW and 29.41% on Standard Chartered
A small group of traders are banking profits every 3 to 6 weeks on the international markets…
• 31.25% gain on a BMW punt
• Then one week later 88.25% on a USD/ZAR trade
Readers are poised for more double-digit wins n the S$P500…
We are about to welcome over 40 cannabis stocks
In the past six months, already there have been 10 cannabis companies that have listed in the US. And by the end of 2019 there are plans for another 42 companies that could list on different stock exchanges.
In fact, analysts and forecasters believe by 2025, the world census industry will reach a valuation of around $146 billion, where South Africa will amount to $1.8 billion of the pie.
Even Tito Mboweni, finance minister, mentioned in his budget speech that when the policy changes in the industry it could provide a potential source of revenue, job growth as well as other economic benefits for South Africa.
And already one of our biggest listed companies sees a massive opportunity in the cannabis sector for the SA economy.
This alcohol giant is entering the cannabis business
On 10 October 2016, SABMiller plc - a multinational brewing and beverage company - was acquired and sold to Annheuser-Busch InBev (BUD) for $107 billion.
Today BUD is one of the largest companies by market capitalization, which has now invested in the marijuana industry.
In fact, no pun intended but, the company has already put $50 million toward a 'joint' venture with British-Columbia based Tilray.
And Heinekin-owned Lagunitas is already selling pot-infused sparkling water at marijuana dispensaries. With their foot in the door with pot-drinks and millions of dollars invested all I can say is drink up stoners and investors because this industry is about to explode.
And the charts agree with major upside to come.
Why I expect a 28% rally with Annheuser-Busch InBev
Looking at the weekly chart of BUD, we can see that since October 2018, the company has been on a major downtrend (red line). Until March 2019 came where the price broke above and into a new and established uptrend (red circle).
Between the investors, traders and with the new developments and prospects for the company, the charts momentum has lately been ticking up.
And if we use the Top-Bottom formula, we'll be able to calculate the next target that we can profit from.
Note: The TOP price is the top horizontal black line on the chart.
The BOTTOM price is the bottom horizontal black line on the chart.
Here’s the calculation:
Target = (Top - Bottom) + Top
= ($90 - $64.55) + $90
This means, we can expect a 28.27% rally to come for BUD in the next few months.
“If you want to make a killing from cryptocurrencies – read this book as FAST as you bloody can!”
I’d like to rush you a copy of my book, Crypto Revolution, right away.
Inside you will find everything you need to understand this financial revolution…
And take maximum – potentially life-changing – advantage of it.
Including the name of the coin I am calling “The Bitcoin Killer”…
A cryptocurrency that could ultimately climb 20,000% from where it sits today.
That’s the kind of move that turns R2,500 into R500k over the longer term.
You’ll get the name of that crypto…
My full case for why it could rise to become the #1 crypto in the world…
Here are three ways you can profit from the Cannabis industry
First you can buy the BUD or our local JSE:ANH market and hold onto it, until it reaches the target price around $115.45.
Second you can wait for Trader X's trading signal. He looks for international profit opportunities on a daily basis. In fact, he's just closed his fifth winning trade in a row and is still on a role. Make sure you don’t miss the next winner!
Third, our panel of investment experts spend hours a day identifying huge profit opportunities from booming industries like Cannabis, AI, Blockchain, Quantum Computing and so on. You can read more about it by clicking here.
Analyst, Red Hot Storm Trader
Did you know Trader X is on a winning streak of five trades in a row and his trading strategy is on fire! Make sure you don't miss the next winner. Read more here.