As marijuana legalization continues to steam-roll across the country, there is still a major roadblock keeping the marijuana industry from going 100% mainstream.
I’m talking about the fact that marijuana remains completely illegal on the federal level.
But according to Matt McCall — whom some have dubbed the “Nostradamus of pot stocks” — all that may be about to change.
He would know. He’s been following this industry since the beginning. Matt’s on a first name basis with many of the business owners, CEOs and majority shareholders in the industry. He started his own early-stage equity firm, where he’s helped entrepreneurs in the pot industry secure start-up capital to start future billion-dollar businesses.
Not only that, but he has personally seen millions investing in the marijuana industry since 2014 and has recommended a string of pot stocks that have since skyrocketed by 120%, 52% and even 146% in price.
As Matt points out, “there have been a number of clues indicating the governments true intentions about future plans to legalize cannabis on the national level… which could potentially happen as early as June 21.”
According to Matt McCall’s latest research, which he was kind enough to share, the clues are as follows:
Clue #1: Insider Rumblings
Let’s start with recently “leaked” information by a former Republican congressman that the Trump administration could be gearing up to end the federal prohibition on marijuana.
Dana Rohrabacher, who in January ended 20 years of service in the House of Representatives, “spilled the beans” during a recent FOX interview by saying, “I have been talking to people inside the White House who know… and inside the president’s entourage. I have talked to them at length.”
He even gave a specific time frame as to when Trump will announce a plan for legalizing marijuana nationally, stating, “It could be as early as spring of 2019…”
Clue #2: A Historic Deal
One of the most important developments in the history of the U.S. marijuana industry hit the headlines just before the Easter holiday. Canopy Growth (CGC) announced that it was buying a U.S.-based marijuana company called Acreage Holdings (ACRGF) for about $3.4 billion, which was 42% over the company’s average value the prior four weeks.
Knowing both companies well and following the industry for so long, I knew immediately that the deal would only make sense if marijuana were legal in the U.S. If Canopy buys Acreage while marijuana is illegal, the world’s largest pot stock would have to delist from both the New York Stock Exchange (NYSE) and the Toronto Stock Exchange.
No way that’s happening.
Canopy must know something, I thought — that U.S. legalization must be a near certainty.
I looked into the deal further, and it became clear that Canopy does indeed have unique insight into the future. Acreage’s Board of Directors includes three of the most important people on the planet: former U.S. Speaker of the House John Boehner, former Massachusetts governor and current presidential candidate William Weld, and former Prime Minister of Canada Brian Mulroney.
The knowledge and connections of those three men are unparalleled. Canopy’s due diligence had to be extensive, and the evidence must have been compelling for the company to determine it was time to plant its flag in the U.S.
Management was smart enough to structure the deal so that the acquisition will officially take place when marijuana becomes legal in the U.S. Still, Canopy would not have agreed to the deal now if it knew the ending of this story was uncertain and still years away.
When you add it all up, it becomes quite clear that the U.S. government is gearing up for a massive change to national policy.
Especially when you consider the fact that the United States will likely instantly become the world’s biggest marijuana market the moment it happens.
And those investors bold enough to invest ahead of nationwide legalization could stand to make the biggest potential profits.
Mr. McCall has just finished putting together a free online presentation detailing his top 4 penny pot stocks to make a fortune from nationally legalized cannabis.
Matt’s even letting folks view it free of charge, right here.
In fact, Matt strongly recommends you circle June 21 on your calendar right away…
Bottom line: This could be the most important day in the history of legalized cannabis.