By Justin Spittler, editor, Casey Daily Dispatch
Big money is pouring into marijuana.
During the first four months of 2017, cannabis-related companies raised more than $700 million. That’s almost seven times more than they raised during the same period last year.
This isn’t “dumb money,” either. Some of the world’s savviest investors have placed huge bets on marijuana.
Peter Thiel, for example, recently invested millions of dollars in Privateer Holdings, a private equity firm focused on legal cannabis.
Thiel was an early investor in Facebook, and is a legend in Silicon Valley.
Then there’s venture capital firm Benchmark Capital, which was an early investor in Twitter, Uber, Snapchat, and Instagram.
It recently put $8 million in Hound Labs, an Oakland-based startup that’s developing a device to test whether drivers are under the influence of marijuana.
These are big investments from big-time investors.
• It tells us the marijuana boom is for real…
And that’s exactly why you should consider speculating on marijuana stocks if you haven’t already.
But you should realize something before diving in…
The best marijuana investments aren’t traditional marijuana companies. They’re companies that serve the industry.
But don’t just take my word for it. Look at what Phyto Partners is doing…
Phyto Partners is a venture capital fund that invests in early-stage cannabis companies. Today, it has 12 companies in its portfolio. And none of them grow, process, or sell marijuana.
Instead, they serve the marijuana industry.
One of those companies, New Frontier Data, is a major marijuana data firm. Another, Steep Hill Labs, is a leader in marijuana lab testing.
Then there’s Grownetics…
• This company is radically changing how people grow marijuana…
I know because I recently visited the Grownetics team in downtown Boulder, Colorado.
In a minute, I’ll tell you how Grownetics is revolutionizing the marijuana industry. I’ll also tell you about the incredible insight I learned while in Boulder.
But let me first tell you what I was doing there. After all, Boulder’s a long way from Casey Research’s headquarters in Florida.
• In June, I did something I’ve wanted to do for years…
I turned in my apartment key. I sold most of my belongings. And I hit the road.
That’s right. I left sunny South Florida to become a digital nomad.
I did this because I’ve come to realize something working with Doug Casey…
The best money-making opportunities are rarely in plain sight. More often than not, they’re hidden.
This means you need to go “into the field” to find them.
That’s particularly true for the legal marijuana market, which is being born before our eyes.
• So I went to the frontlines of this emerging industry…
My first stop was Vancouver. I spent all of July there.
After that, I went to San Francisco for three weeks. Then, I spent nearly all of September in Colorado.
There, I visited an indoor marijuana growing facility. I toured a state-of-the-art cannabis research lab. And yes, I drove to Boulder to meet the Grownetics team.
I did this because an industry insider told me that Grownetics is doing incredible work. And he wasn’t joking…
• You see, Grownetics isn’t your typical marijuana company…
It doesn’t grow marijuana. It doesn’t own dispensaries. And it doesn’t make marijuana edibles.
Instead, it’s a technology company that’s solving one of the marijuana industry’s biggest problems.
You see, most marijuana companies have a “head of cultivation” on staff.
This person feeds, waters, and monitors the health of marijuana plants at an indoor facility.
Over time, they figure out what the plants like and what they don’t like. And many head cultivators simply write this information down in a journal.
This approach isn’t just old-fashioned. It’s risky.
Think about it.
If the head of cultivation walks, they’re going to take that information with them. And that basically screws over the owner of the facility.
• Grownetics wants to fix this problem with technology…
And here’s how…
Grownetics builds operating systems for indoor farmers and greenhouse cultivators. This system includes management software linked to a network of high-resolution sensors inside marijuana growing facilities. These sensors monitor room temperature, lighting, humidity, CO2 levels, and a host of other inputs.
Grownetics’ software then organizes this data in a way that’s easy to understand.
This saves companies time and money. And it helps them boost the yield and potency of their crop. (You can learn more about the incredible work that Vince and his team are doing by visiting their website right here.)
In short, Grownetics helps companies grow better pot, and a lot more of it.
That’s why the company has customers all over the country, and a rapidly growing pipeline…
• But I know what you’re probably thinking…
“Marijuana’s a weed. How hard can it possibly be to grow?”
Well, actually, it can be very difficult. That’s because marijuana’s a very complex plant.
In fact, Grownetics COO Vince Harkiewicz told me there’s “never been a pharmaceutical crop like marijuana”:
The closest thing might be poppies, which are used to make opiates for pharmaceutical industries, but that's just one chemical you're producing.
With cannabis, there's hundreds of cannabinoids and terpenes in the plant. And they all affect the way the medicine is received by the patient.
• Marijuana isn’t just a plant that gets people high…
It’s also medicine.
That’s why the world’s top botanists are coming to the marijuana industry in droves.
It’s why the world’s best investors are pouring billions into marijuana companies.
It’s also why companies are paying top dollar for Grownetics’ services.
• Now, I unfortunately can’t recommend Grownetics to you…
The company’s private, and a startup at that.
So, why did I tell this story?
Most people have ridiculous misconceptions about the marijuana industry. They think the industry’s run by stoners, hippies, and burnouts. But that couldn’t be further from the truth.
The industry’s attracting world-class entrepreneurs, engineers, and scientists. It’s employing real science. And it’s developing its own cutting-edge technology.
In short, the legal marijuana industry is becoming more and more like Big Pharma every day.
• Soon, everyday investors will figure this out…
When that happens, money will pour into marijuana stocks like we’ve never seen.
That’s something you want to be ready for. So, consider buying marijuana stocks if you haven’t already.
Just understand that these stocks are still very speculative. So, do your homework before diving in.
I also encourage you to read these recent articles of mine:
Why This U.S. Army Officer Retired to Focus on Cannabis
The Great Marijuana Bull Market Has Officially Arrived
The Window’s Closing…But You Can Still Become a “Marijuana Millionaire”
The No. 1 Mistake Marijuana Investors Are Making
As you’ll see, the biggest opportunities in marijuana aren’t in the States. They’re north of the border in Canada…
New Orleans, LA
October 31, 2017
P.S. This marijuana boom is just getting started. And now is the time to own the best stocks to take advantage. We have a basket of marijuana companies in our Crisis Investing newsletter that are set to soar in the coming years. You can access these names, along with all of our research on the sector, with a subscription to Crisis Investing. Click here to learn more.
Sights From the Road
Earlier, I told you how I left sunny South Florida to become a traveling analyst.
So far, my world tour has taken me to Vancouver, Seattle, San Francisco, Denver, Las Vegas, South Carolina, and New Orleans.
Along the way, I’ve seen some incredible things. So today, I’m going to share a few photographs that I took at Grownetics’ headquarters in downtown Boulder.
The first photo shows the workstation in Grownetics’ lab.
Next, a 3D printing machine that Vince and his team use to make components.
Finally, here’s a photo of an award that Grownetics picked up last year at the 2016 Cannabist Awards in Las Vegas for Best Technology Start-up.
As you can see, Vince and the rest of the Grownetics team are doing some incredible things. So, be sure to check out their website to learn more about them.
Today, readers write in with their thoughts on Doug Casey’s interview on cultural appropriation:
Doug—you are right on the money, as usual. The SJW mentality is a step towards control, and the type of control they desire is evident from those who have done this before.
Doug spoke in trenchant munificent stentorian and intelligent terms—everyone should read and ponder what he spoke so eloquently about.
I read your email, and it disturbed me far more than the subject itself. To lump all protestors together as being created by someone else’s agenda rather than thoughtful humans concerned about an injustice saddened me. But it did get me to look into the story more. I found a very thoughtful article you might find interesting.
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