One Canadian Stock for the Coming Marijuana Boom - Says Motley Fool

TSX stock pick
A little-known Canadian company just unlocked what some experts think could be the key to profiting off the coming marijuana boom.

And make no mistake – it is coming. To the tune of an estimated $22.6 billion.

“Marijuana madness” is rapidly sweeping across Canada since full legalization kicked in on October 17th, 2018, and it’s no surprise when you consider that…

Statistics Canada estimates Canadians spent roughly $5.6 billion on marijuana in 2017 alone.

Experts have projected that number could easily quadruple in the aftermath of nationwide legalization, which means we think it’s time for investors to start paying attention.

Because whether or not you’re planning on ingesting any THC, you can’t deny the monumental investing opportunity that a potentially $22.6 billion industry represents.

But this is also a relatively new industry – untested and unproven.

And since we here at Motley Fool Canada love being on the cutting edge of new investing trends…

… like picking MercadoLibre before it skyrocketed by 220% …

… Cognex before it soared 201%…

… or MongoDB before it climbed 102% …

… we’re ready to sound the alarm on the rapidly growing marijuana industry and one specific opportunity for both Canadian and US investors. MORE

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