News flash to anyone who still thinks that
marijuana legalization bills are doomed: Illinois just proved you
Governor J.B. Pritzker â a billionaire Democrat
who ran on legalization â is about to sign a bill ending marijuana
prohibition in his state. This makes Illinois the 11th state to
legalize recreational marijuana. (The 12th if you count Washington,
Whether or not you live in Illinois, this is a
big deal â for several reasons:
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Previously, only the much-smaller state of
Vermont was able to legalize this way, versus a ballot referendum.
This has to be encouraging to pro-legalization politicians in other
statesâ¦ and in Congress. (Itâs yet another reason why I expect
full federal legalization sooner than you think.)
Illinois is the 6th biggest U.S. state by
population. And, with nearly 13 million people, Illinois will be
second only to California on the legal-weed roster.
Illinois is already home to several of the top
cannabis companies, like Cresco
And Cresco is planning to double its workforce there.
From its home base in Chicago, Cresco has some
pretty ambitious goals for expansion. In April came the news that
it would purchase Origin House
approximately $850 million.
Cresco is already one of the biggest American
cannabis companies, with $21.1 million in first-quarter revenues.
But if you count its pending acquisitions of Origin House and
VidaCann, Cresco would have made$33.9 million. Origin
House might be based in Ontario â but what it really does for
Cresco is open up Americaâs oldest and largest legal-weed market:
Thatâs just one example. And for us as investors,
itâs time to get on board this train â or watch it pass us by.
Opportunities, Iâm closely monitoring stocks like Cresco
for a potential buy. Itâs certainly a better bargain than most of
the Canadian pot stocks.
However, there are a few OTHER stocks that are
attractive and still in âpenny stockâ
Penny stocks often get a bad rap. But they are
actually critical to the global marketplace. The world needs tiny
companies â just as much as bigger ones. Theyâre the job creators.
The innovators. And theyâre the places to look for the biggest
gains once marijuana legalization occurs.
As an investor, if youâre looking for the
next Netflix (NASDAQ:NFLX) or
Apple (NASDAQ:AAPL), this is where youâll find
You just want to be VERY choosy about which ones
I use strict guidelines to pick penny stocks â
and I tell you all about them in this
When I used my five-step evaluation process on
the marijuana market, I identified four stocks
that are worth buying now.
During my presentation, youâll have the
opportunity to secure a free copy of Americaâs Top
4 Marijuana Moonshot Stocksâ¦ Iâll
even give you a fifth bonus name just for fun.
Matthew McCall is the founder and president
of Penn Financial Group, an investment advisory firm, as well as
the editor of Investment Opportunities and Early Stage Investor. He
has dedicated his career to getting investors into the worldâs
biggest, most revolutionary trends BEFORE anyone else. The power of
being âfirstâ gave Mattâs readers the chance to bank +2,438% in
Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla
(TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in
Bitcoin Services (BTSC), just to name a few. If youâre interested
in making triple-digit gains from the worldâs biggest investment
trends BEFORE anyone else, click here to learn more
about Matt McCall and his investments strategy today.
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in Illinois Opens Up a Billion-Dollar Market appeared first on