4 Cannabis Stocks With The Best Chance To Be The Next Starbucks

Analysis originally distributed on December 14, 2016 By: Michael Vodicka of Cannabis Stock Trades

Back in 1991, very few people had heard of a company called Starbucks.

After all, what kind of fool would pay more than $2 for a cup of coffee? Particularly when you could brew a cup at home.

Today, Starbucks is a billion-dollar global leader and one of the most recognized consumer brands in the world. Early investors have been rewarded with life-changing gains.

Shares are up almost 17,000% in the last 25 years. Investing $10,000 at the IPO in 1991 would be worth $1.7 million today. $25,000 would have grown into $4.4 million. Take a look at the big gains below.

Daily Chart For Starbucks Corp. (NASDAQ:SBUX)

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This is my model for investing in cannabis stocks.

I’m looking for the next Starbucks. I call this big game hunting. I’m looking for a White Whale.

After this week, I’m convinced I know exactly where it’s going to come from.

Canada Is On The Verge Of Its Biggest Cannabis Breakthrough Ever

Countries across the globe are duking it out for early leadership in the high-growth cannabis industry.

That’s no surprise. Billions in annual tax revenue are at stake.

From the field, no other country comes close to dominating like Canada.

Medical marijuana has been legal in the country since 2001. This still hasn’t happened in the U.S. 15 years later.

In July of 2013, Canada implemented the MMPR (Medical Marijuana Purposes Regulation), a dedicated federal agency to regulate the production and distribution of medical marijuana.
These events have given birth to a thriving industry servicing hundreds of thousands of patients and generating tens of millions in tax revenue every year.

Today, Canada’s cannabis industry is on the verge of its biggest breakthrough ever.

This week the Task Force on Cannabis Legalization and Regulation presented a highly anticipated report to the Ministers of Health, Justice and Public safety on how the federal government should move forward with the legalization of recreational cannabis in the country.

The report makes more than 80 recommendations. That includes setting 18 as a legal age to purchase, restricting advertising similar to tobacco products, establishing uniform packaging and labels and setting maximum THC levels.

Canada could vote of legalizing recreational cannabis as early as this spring. This report creates a road map for the industry. I believe that increases the probability of an approval.

That would make Canada the first country in the North America to legalize recreational.

That would have huge implications for Canada’s fast growing cannabis industry.

A new study from consulting firm Deloitte projects that annual sales in Canada could immediately be around $5 billion, equal to hard alcohol sales and as much as $9 billion, equal to wine sales.

More important, a yes vote would create a legal and operating platform for Canada’s cannabis companies to expand into international markets and grow into global leaders.

This is critical knowledge for cannabis investors to understand.

There are more than 250 stocks in the global cannabis market.

Every week, new companies enter the industry.

Trying to pick winners and losers from that list is like trying to find a needle in a haystack.

Instead of endlessly sifting through hundreds of worthless penny stocks in the U.S., where cannabis is still illegal in all forms, “big game hunters” searching for the Starbucks of cannabis should focus on Canada.

This is why I own a number of these stocks (disclosed below).

It’s the reason I have been buying these stocks for my wealth management clients at the Vodicka Group, Inc.

It’s the reason these stocks will be the core of the model portfolio we are getting ready to launch through Cannabis Stock Trades Premium.

For the time being, here is a list of the four largest Canadian medical marijuana companies.

Top 4 Canadian Medical Marijuana Stocks

Top 4 Canadian Medical Marijuana Stocks

Please keep these stocks on your radar. I believe they are in position to grow into global leaders. That could translate into massive gains for early shareholders.

If you’re looking for the next three cannabis stocks that could jump more than 100% in less than six months, sign up for the free Cannabis Stock Trades newsletter.

Enjoy,

Michael Vodicka
Editor, Cannabis Stock Trades

Disclosure: Michael Vodicka owns shares of CGC, APH, and OGI.

The information contained in this post is for informational and educational purposes only. The trading ideas and stock selections represented on the Cannabis Stock Trades website are not tailored to your individual investment needs. Readers and members are advised to consult with their financial advisor before entering into any trade. Cannabis stocks carry a certain level of risk and we accept no responsibility for any potential losses. All trades, patterns, charts, systems, etc. discussed are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher.

5 thoughts on “4 Cannabis Stocks With The Best Chance To Be The Next Starbucks

    1. Hi Sarah,

      Michael Vodicka regularly analyzes U.S. cannabis stocks. I would highly suggest subscribing to the free newsletter from Cannabis Stock Trades. It is issued weekly, and I know that Mr. Vodicka is working on a 2017 outlook report right now.

      http://www.cannabisstocktrades.com/newsletter/

      I hope this is helpful information.

      Best,

      Lindsay Bittinger

    1. Hi John & Lita,

      You may want to contact your online discount broker and ask how to place international trades with your account.

      Schwab, for example, has their standard accounts and then has global accounts. They charge a different commission fee based on exchange location.

      I know that Michael Vodicka uses Interactive Brokers to trade Canadian stocks.

      I hope this helps. Here is a link to a brokerage firm list from Cannabis Stock Trades - http://www.cannabisstocktrades.com/cannabis-investing-faqs/.

      I hope this helps.

      Best,

      Lindsay Bittinger

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