Your Ticket to the International Cannabis Market

While the U.S. is still waffling over marijuana legalization, Canada has become THE haven for the pot industry.

And that makes it a haven for pot investors, too.

Marijuana advocates have been making major strides in our neighbor to the north. While plenty of details are still missing, the government’s official line is that recreational pot will be legal in Canada by next July.

At a federal level, medical marijuana is already legal in Canada.

That’s a huge advantage to have, and cannabis is becoming even more solidified as a long-lasting, fast-growing commodity.

As I have said, this isn’t a rinky-dink operation — even JPMorgan is buying in. We saw them turn up as one of the biggest buyers in a recent cannabis IPO.

One of the big benefits a firm has operating in Canada is that it can cross provincial or international borders. Because medical pot is regulated by the Canadian government at a federal level, companies can ship to any patient nationwide. They can also do business internationally with other countries that have legalized pot.

That gives companies north of our border great exposure well beyond North America. And a huge advantage over American marijuana companies.

One company, for example, is competing for a license to cultivate marijuana in Germany. This is significant because in Germany, national regulators require pot companies to have a track record of growing marijuana at scale under a federally regulated program. Many Canadian companies have such a track record, and under the current legislation, even more are sure to follow.

Simply put, this is the most exciting time to get in on the northern pot bonanza — because you can still get many of the stocks for minimal sums.

At this point, you’re probably wondering how you can trade Canadian companies. It’s actually fairly easy. If you’re a U.S. investor, you’ll need a broker that allows you to buy and sell stocks listed in Canada. The good news is that many popular brokers will let you purchase TSX-listed stocks.

If you’re unsure, the best way to find out if your broker is one of them is to simply call and ask.

Many Canadian-listed pot companies have chosen to dual-list in the U.S. to gain access to more investors. It’s possible that even more will also do this in the future. However, we don’t want to pass up the potential upside that’s happening now in this market.

If you’re not able to trade Canadian-listed stocks with your broker, don’t worry you can always change brokers. And if you want to stay loyal, there are still a ton of profitable U.S.-listed pot plays to capitalize on.

Just remember: Don’t risk money you can’t afford to lose on your pot investments — the same forces that make these stocks potentially explosive gainers also make them riskier than the blue chips you may hold in your portfolio.

Of course, as things continue to develop, I’ll be right back here with even more info on how to dominate the cannabis markets for big cash in a flash.

For Tomorrow’s Trends Today,

Ray Blanco
for The Daily Reckoning

The Daily Reckoning