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Controversial or not, the marijuana boom is tough to ignore.
For one, lawmakers in Kentucky and West Virginia are now considering full marijuana legalization. Lawmakers in India, Missouri, Texas and Virginia could also soon vote on legalization bills that were recently introduced.
Barron’s once reported that the “Dogs of Dow Investing Strategy no Longer Works.”
Others have argued that it’s no longer a successful trading theory.
But they may all want to do a bit more research because the Dogs of the Dow works very well.
No one has ever said IPO investing was a walk in the park.
But we believe that if you really want to become a better investor then you need to be looking at where the smart money is heading.
It may be a controversial topic for some.
But it’s tough to overlook the cannabis industry’s potential to generate up to $20 billion in sales by 2022 from just $800 million this year.