TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
Some of the biggest marijuana stocks in the U.S. have seen 1,000 percent gains over the past couple of years, and now it is Canada’s turn — where no one’s even looking.
Here, the minting of millionaires is going to be huge. Not only is medical marijuana already legalized across the country, but the Canadian government is preparing to introduce legislation in April 2017, fully legalizing the recreational use of cannabis by July 1st 2018.
Canadian small-cap Invictus MD (TSX:IMH.V; OTC:IVITF) —the FIRST licensed medical marijuana company to pay a dividend to shareholders—is set to make huge additional gains.
Here’s why:
Legal cannabis is sweeping the nation
The cannabis market is BIGGER than the combined sales of beer, wine and spirits.
Canadian cannabis stocks won’t be cheap for long
Canada’s first Marijuana ETF will soon launch… bringing even more attention to the sector
And there’s no province-by-province uncertainty in Canada—medical marijuana is federally legal, and in mid-April, the government is planning to put through its bill to legalize recreational use by next summer, so the urgency for investors is mounting.
You need to prepare now… before this happens.
It’s an industry Deloitte estimates could be worth $22.6 billion annually—again, this is far more than the combined sales of beer, wine and spirits.
Right out of the gate, Invictus MD, one of only 41 licensed producers, has demonstrated that it will lead the way. The company managed to raise CAD$12 million in only 6 hours in its latest offering, meaning it is cashed up and already generates dividends for shareholders.
Here are 5 Reasons to keep a close eye on Invictus MD (TSX: IMH.V; OTC: IVITF) —‘Canada’s Cannabis Company’:
#1 Nothing Beats Marijuana Stocks Right Now
Nothing moves a product out of the dustbin like legalization—and even better when it’s federal. Marijuana stocks have skyrocketed over the past year, with the seven largest ‘green giants’ soaring on the philosophy of a brand new world.
The shares of the medical marijuana producers more than tripled last year.
AXIM Biotechnologies (NASDAQOTH:AXIM): exploded 1,720 percent
Corbus Pharmaceuticals (NASDAQ:CRBP) was up 431 percent
Aphria (NASDAQOTH:APHQF) grew 381 percent
Aurora Cannabis (NASDAQOTH:ACBFF) was up 299 percent
Canopy Growth Corp. (NASDAQOTH:TWMJF) up 259 percent
Medical Marijuana (NASDAQOTH:MJNA) up 254 percent
GW Pharmaceuticals (NASDAQ:GWPH) was up 64 percent
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