Matt McCall is a staunch advocate of not just telling people what to invest in... but educating people so they understand exactly how these investments work for them. He’s the editor of Matt McCall’s Investment Opportunities , Early Stage Investor , and the author Strategies to Profit from Market Volatility and The Next Great Bull Market: How to PickWinning Stocks and Sectors in the New Global Economy (a top-selling investment book for more than two years). Not only could it become an alternative to current crops that are distributed in the U.S., the international markets could lead to the U.S. being a major marijuana exporter. It is important for the U.S to become a leader in the industry soon. Again, though, that goes back to legalizing it on the federal level. Canada will have a jump on the U.S. with exporting and they are already working with several other countries. of two books on investing: The Swing Trader’s Bible: And it’s not limited to just California... The opportunity for Midwest farms to mass grow marijuana is a huge opportunity if the country ever gets its act together and legalizes marijuana on the federal level.
If you’re a trader, try to trade around it. And then buy into the dips. I have a long watch list that I go through every day. But I’m very careful because I don’t want anyone to get burned. This can be a volatile industry . I don’t want to be that guy who’s pushing these stocks in a bad way. But at the same time, there’s opportunity. And I don’t want folks to miss out, either. I also worry if they don’t come to me, they’re going to go to somebody else who’s almost certainly trying to fleece them. So that’s why I’m honest about it. There are two ways to play it... Either you let it go and live through the ups and downs, or you trade it. There’s risks in both. Q: You’ve been watching this market now for seven years. Do you think that we’re still in the early stages? What inning are we in right now? McCALL: Second. Q: You think we’re in the second inning. McCALL: I put Canada in the fifth inning and put us in the second inning. I’m a numbers geek. And at the end of the day, it all comes down to how much money you have in revenue and earnings. Just look at some of the numbers... Canada, for example, is expected to generate between C$2.5 billion and C$4.5 billion by 2021. That’s great for Canada. However, recreational in California alone is projected to be greater than Canada by that point.
American Consequences 47
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