By Justin Spittler, editor, Casey Daily Dispatch

7,455% in a month.

That’s how much a little-known investment returned between October 2012 to November 2012.

See for yourself.

That’s what analysts like myself call “going parabolic.” But this high flyer wasn’t a junior gold stock, a tiny uranium miner, or even a cryptocurrency.

It was a company called Medbox.

Recommended Link

[LAST CHANCE: ENDS MIDNIGHT] Get One FREE Year of Jeff Brown’s Exponential Tech Investor

Until midnight tonight only. Save $500 off your first year. Get your second year FREE. Try it risk-free for 30 days. Keep Jeff Brown’s brand-new investment research guide, How to Make 21 Times Your Money From Apple’s New iPhone Release, FREE even if you cancel. Click here for the full story before the deadline.

• Medbox sold marijuana vending machines…

Five years ago, it was the hottest marijuana stock on the planet. But it never should have been.

That’s because the company’s founder used illegal stock sales to inflate its revenues. Its sales were bogus.

Medbox got away with this for a while. But the feds eventually caught on. The Securities and Exchange Commission (SEC) found that 90% of the company’s sales were fraudulent.

In other words, the company was one big scam.

• When investors learned this, Medbox went down in flames…

Its stock plunged 90% in one day.

The company is now worthless.

Its downfall has served as a warning to anyone thinking about investing in marijuana stocks. But let’s be clear about something…

Medbox isn’t the only marijuana scam story.

• Fusion Pharma did almost the exact same thing…

Fusion Pharma was a tiny marijuana company with operations in Denver. It sold steel shipping containers for growing marijuana.

It sounded like a great business. So, investors piled into the stock.

But the company was a farce, just like Medbox. In fact, it also used illegal stock sales to inflate its revenues.

When investors learned this, Fusion Pharma’s stock plummeted. It stopped trading in 2014.

I’m telling these horror stories because a lot of people are itching to get rich off pot. And I can’t blame them.

The legal marijuana industry is booming.

The average marijuana stock has doubled in value over the past year. The best ones are up more than 300% over the same period. And that’s just a taste of what’s to come.

Over the next five years, the marijuana market is poised to rise at more than 25% per year. That will make it the fastest-growing U.S. consumer industry since broadband internet went mainstream in the early 2000s.

Recommended Link

Doug Casey’s $1 Million Pot Deal… Was it Legal?
Doug Casey recently made a million bucks on an underground pot deal. He could make more, too – even $2 million. What did he do? More importantly: how can YOU get in on these pot mega profits? There’s a new pot boom set to be 7 times bigger than the first pot mania… It will kick off on October 31, when a new law passes. Here’s the whole story…

• This is why investors are champing at the bit to buy marijuana stocks…

And it’s why readers have flooded our mailbox asking how to cash in on the “green gold rush”…

“Seriously thinking about it on a small scale to get my toe wet!”

“I think it has explosive potential.”

“Please send info ASAP!”

Look, I get the excitement. The marijuana industry is being born before our eyes. Opportunities like this are rare. They only come along every decade or so.

Investors don’t want it to slip through their fingers.

But you must understand something before you invest a dime in this industry.

• It’s not easy to make money in marijuana…

There’s no Pfizer, Philip Morris, or Anheuser-Busch of the marijuana world yet. There’s not even a U.S. marijuana exchange-traded fund (ETF) yet.

Not only that, there are still a lot of crooks and scam artists in the marijuana industry.

But that shouldn’t come as a surprise. After all, marijuana’s been a street drug for decades. It’s only now attracting legit businessmen.

That’s why you need to be careful about what marijuana stocks you own. And that’s where we can help…

• Four months ago, I made one of the most important decisions of my life…

I sold most of my belongings. I packed up my car. And I hit the road to learn more about the booming marijuana market.

So far, I’ve attended marijuana conferences in Vancouver and Oakland. I toured a marijuana chocolate factory in Seattle. I even had coffee with a marijuana venture capitalist in San Francisco a few weeks ago.

I’m now in Denver, Colorado, to learn even more about the marijuana industry. I’ve come to the front lines of this industry for a simple reason.

Legal marijuana is truly a once-in-a-lifetime investment opportunity.

Early investors stand to make an absolute fortune, but you’ll only strike it rich if you know what you’re doing. And here’s how to stack the odds in your favor…

Don’t fall for hype. If a marijuana stock sounds too good to be true, it probably is. Don’t buy a marijuana stock on a whim or hot tip.

Watch for scams. Like I said earlier, the marijuana industry attracts shady characters. So, perform due diligence before investing in any marijuana stock. Make sure you understand the business model inside and out. More importantly, get to know the management team. If you discover any red flags, avoid the stock like the plague.

Consider buying Canadian marijuana stocks. Canada will soon legalize recreational marijuana at the federal level. Next July, you’ll be able to legally buy a joint in Canada. In short, Canada is at the forefront of the global marijuana boom. To help you get started, here’s a list of the biggest Canadian marijuana stocks.

Investors who follow this advice will be in the best position to profit from the coming marijuana boom.


Justin Spittler
Denver, Colorado
September 6, 2017

P.S. I also encourage you to watch this brand-new presentation that my team and I put together. As you’ll see, Casey Research founder Doug Casey is even getting in on the “green gold rush.” He’s already made a million bucks betting on a little-known marijuana company. But this is only the beginning.

This new pot boom is set to be seven times bigger than the first pot mania—and it will kick off on October 31, when a new law passes. Here’s the whole story…