Are You a Marijuana Be-lieber?

Are You a Marijuana Be-lieber?

Happy Easter! We hope you enjoy the Easter break with your family. The Port Phillip Publishing offices are closed for the Easter holiday long weekend. We’ll resume our normal schedule on Tuesday, April 18. For now enjoy Sam’s article below. 

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We’re not Justin Bieber fans.

No surprises there.

We don’t exactly fit the Biebster’s ‘target demographic’.

We’re in our early 30s, married and…well…male.

We don’t get it…but for millions of female tweens dubbed ‘Beliebers’ (get it — ‘believe’ and ‘Bieber’ fused), he’s the biggest thing on the planet.

You should know, we’d much rather stick white-hot pins in our eyes than listen to five seconds of a Bieber tune. We can’t see ourselves sharing a beer down the pub with Canada’s biggest music export.

But we could see ourselves sharing a pint or two with the ‘other’ Canadian Justin. We mean, of course, Canadian Prime Minister, Justin Trudeau.

Last month, Trudeau fulfilled a major election promise. By July 1, 2018, Canada will legalise recreational marijuana use. The Great White North legalised medicinal marijuana use in 2001.

Trudeau’s recreational pot stance is dead-simple.

First up, he wants to ‘de-clog’ Canada’s justice system of small resource-sucking, pot possession misdemeanours.

Neil Boyd, professor of criminology at Simon Fraser University says, ‘At this point, charging people for having some marijuana is a waste of police time, a waste of court time and a waste of tax dollars.’

‘We should not continue to spend money on something this trivial, especially now.’

Canada’s federal government spends $4 million a year pushing small marijuana possession cases through the courts.

Pardoning Canadians convicted of simple possession would free up substantial financial resources, money that could be reinvested toward legalisation.

Now, saving a few tax dollars is only one small part of Trudeau’s legalisation plans. He wants to cash-in on the legal pot windfall too.

Trudeau’s secret cash stash

Today, Canada’s illegal pot market tips the scales at $7 billion. Squeezing out illegal dope dealers could bring in a billion dollar cash-haul for the Trudeau government.

According to CIBC World Markets, legal recreational marijuana could boost Canadian tax revenues as much as $5 billion annually. That’s a lot of extra dough in the government coffers.

But it’s not only the government that’s set to profit.

Legalisation could eventually open up a $22.6 billion recreational marijuana market, according to Deloitte. A pot sales surge big enough to surpass annual Canadian alcohol sales.

Deloitte predicts the 600,000 kilograms needed annually to satisfy recreational marijuana demand can’t be met by Canada’s existing 36 licensed producers who grow for medicinal purposes.

Which is one reason why we’re keeping a close eye on this ASX marijuana play. The only Aussie pot firm awarded a license to grow commercial quantities of marijuana on Canadian soil.

Fast-moving marijuana investors could make a bundle here, too. Which is why we’re calling the end of marijuana’s prohibition the greatest investment cash cow you’ll see in your life time.

Canada (and the world’s) demand for high-quality marijuana will surge in the months and years ahead. Opening up a unique investment play that could reward you big time.

Regards,
Sam

Sam Volkering
Sam is Editor for Money Morning and it's small-cap and technology analyst. He spends his time hunting down the most exciting stocks on the planets, whether they’re potential-packed volatile small-caps or tech firms transforming our future through cutting-edge technologies. You can find more of Sam’s work over at Australian Small-Cap Investigator, where he shares the best small-cap stocks he finds on the ASX, or at Revolutionary Tech Investor where he reveals the latest breakthrough tech investment he’s discovered. If you’d like to more about Sam’s financial world view and investing philosophy then join him on Google+. It's where he shares investment insight, commentary and ideas that he can't always fit into his regular Money Morning essays.
Sam Volkering is Editor for Money Morning and its small-cap and technology analyst. He’s not interested in boring blue-chip stocks. He’s after Australia’s rising stars — companies whose shares trade for cents on the dollar — and are often shunned by those in the financial services industry. His mission is to make you big money, from small stocks.
If you’d like to learn about the specific companies Sam is recommending you buy for turbo-charged stock returns, take a 30-day trial of his small-cap investment advisory Australian Small-Cap Investigator here. But that’s not where Sam’s talents end. From discovering the Apple 2e and Macintosh in the mid-80s, to the rise and fall of the Mini Disc in the 90s…to building internet apps in the 00s...Sam is an amazing talent at finding new, cutting edge technologies and translating that research into how the future will look — and where the opportunities lie.It’s his job to trawl the world to find, analyse, research and — in the right situation — recommend investments in the world’s most innovative and technologically advanced companies.He recommends the best ones he finds in his breakthrough technology investment service Revolutionary Tech Investor.This revolutionary investment advisory is dedicated to finding the best ways to profit from technological developments across the globe. If the best action is in Australia, Sam will find it. If it’s in Silicon Valley, Frankfurt or Tokyo, Sam will find it there too.To find out more about how Revolutionary Tech Investor can help you profit from breaking developments in the tech world click here to take a 30-day no-obligation trial today. Official websites and financial e-letters Sam writes for: (You can find a list of recent articles written by Sam at the bottom of this page.)

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