![](https://investorshub.advfn.com/uicon/472283.png?cb=1465847562)
Tuesday, November 01, 2016 7:26:14 PM
THE MARKET HASN'T SEEN AN OPPORTUNITY LIKE THIS SINCE 1933
![](http://investorshub.advfn.com/uimage/uploads/2016/11/1/fenxabe9bd02273abbf38ae9a5dd23db11f23.jpg)
Tuesday, November 1, 2016 - 11:30am
by Michael Vodicka
1933 was an important year for U.S. investors. That was the year the 18th amendment was repealed.
This regulatory breakthrough accomplished two things. For one, it once again made it legal to drink a cold beer after work.
Then, it unleashed one of the best investment opportunities of the century, setting the stage for a billion dollar wealth transfer and giving birth to future global leaders such as Budweiser and Jack Daniels.
If you weren't around back then to capitalize, don't worry. Today, that same cycle is repeating itself.
Cannabis is being legalized all across North America.
In the United States, 25 states have adopted medical marijuana programs. Three states have legalized recreational consumption. The list of cannabis-friendly states continues to grow. Nine states are set to vote on cannabis initiatives on Election Day (November 8).
In Canada, medical marijuana is already legal on the federal level. Prime Minister Justin Trudeau and the Liberal Party are making it a top priority to also legalize recreational cannabis. It is possible an initiative could be voted on in Canada within the next 12 months.
In Mexico, it's already legal for citizens to carry up to an ounce of cannabis. In April, Mexican President Enrique Peña Nieto suggested implementing a national medical marijuana program. Although such an initiative still looks years away, it signals an important shift in sentiment.
This recent wave of legalization has given birth to the fastest-growing industry in North America. Market research firm Arcview is projecting North American legal cannabis industry sales to grow more than 200% in the next four years to $22.8 billion.
Just like in 1933 when the federal government repealed the 18th amendment, this billion-dollar wealth transfer is creating a great investment opportunity.
One way to capitalize is with U.S. stocks such as Terra Tech (OTC: TRTC)
However, cannabis use in any form, medically or recreationally, is still illegal on the federal level in the United States. That creates more legal risk for companies operating in the U.S cannabis industry.
A safer way to invest is looking north of the border into Canada. Canada's cannabis market is still a fraction of the size of the U.S. market. But unlike the United States, medical marijuana is legal on the federal level in Canada. This is an important distinction for investors looking to curb risk in this frequently volatile industry.
StreetAuthority Daily is your all-inclusive guide to the stock market,
http://streetauthority.com/node/30701065
![](http://investorshub.advfn.com/uimage/uploads/2016/11/1/yguwi9010765_orig.jpg)
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM
Reliant Coffee Debuts at #271 on the Inc. 5000 List of Fastest Growing Companies - Coffee Service Industry Disruptor Brews Up Exponential Growth Sep 5, 2024 11:51 AM
VAYK Confirms Receiving Revenue from First Airbnb Property with 1.4 Million Annual Revenue Goal • VAYK • Sep 4, 2024 9:34 AM
Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g/t Gold & 515 ppm Cobalt • MFL • Sep 4, 2024 9:02 AM
Integrated Ventures Acquires 51% Stake In GetTrim.Com (TM), Telemedicine Platform With Focus On Expansion Into Booming GLP-1 Powered Weight Loss Market • INTV • Sep 4, 2024 8:45 AM
Avant Technologies Announces Strategic Review Process Intended to Maximize Shareholder Value • AVAI • Sep 4, 2024 8:00 AM