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[You Could See up to 1,000% Returns on These Cannabis IPOs](
We're seeing [incredible amounts of money being poured into the cannabis market](. Big-name brands like Molson Coors are creating a new norm of billion-dollar cannabis deals, and the experts at the National Institute for Cannabis Investors expect to see more happening monthly as the industry grows. [Many of these companies]( could be looking at 500% or even 1,000% returns when they go public. And The Institute has the information to put the power in your hands to profit off of these potentially monumental IPOs [right here](.
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June 15, 2019
A Longer Look at One of Our "Ugly Babies"
By Tim Melvin
Dear Reader,
On Thursday's piece on what I call "Ugly Baby Stocks," I told a story about Encana Corp. ([NYSE:ECA](), the oil and natural gas producer.
Encana is Canadian owned, and they have a nicely diversified portfolio of oil and gas that spans from Northern Alberta, Canada, down through the Rockies, and out to Southeast Texas.
They've put themselves in a pretty good spot in West Texas's Permian Basin. There's a lot of buzz in the region after Chevron Corp. ([NYSE:CVX]() lost its bidding war for Anadarko Petroleum to Occidental.
That means one of the biggest companies in the industry is still looking to improve their position in the region, and other, bigger sharks may be swimming just behind them.
Once the bottlenecks in the regional pipelines are gone, that means Encana's 450,000+ acres in the Anadarko and Permian basins are going to be a hot ticket, and everyone is going to want to be at their show.
As I said on Thursday, Encana's management is executing a plan to repurchase 91 million shares, and it isn't difficult to see why.
Not too far from Encana's holdings in the Permian, [there's another company]( that's found itself in a good situation.
My colleague, Dr. Kent Moors, has found a lead on this oil company that could make you a mint.
The founder of this company is a former banker that had originally hoped to get in on a part of the Permian basin nicknamed "Millionaire's Row," but they ended up being squeezed out on the opportunity by some larger companies, Encana itself put in an estimated $7.1 billion into that area in Northwest Texas.
The former banker then aimed his sights just to the west of his initial target at what was supposed to be a dry zone of oil in between two highly lucrative areas that had been developed.
Not long after, the U.S. Geological Survey published a report declaring that there were significant oil reserves under that land. 20 Billion Barrels of it.
Along with the gas and liquids, there's an estimated $1.4 trillion in the region, and our former banker is sitting right on top of it. And thanks to fracking, every single drop of it can be developed.
The former banker has assembled an impressive team to help guide his company to success. Their CEO has over 30 years' experience in the oil industry, a chairman who helped develop a portfolio of $25 billion in energy assets, and a COO who has seen this company grow by 4,528%.
I could go on about it, but you don't have to take my word for it.
[Click here to learn more](.
To the Max,
[
Tim Melvin
Here's what else I'm following...
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[Critical Errors by This Federal Agency Could Cost You $23,441](
These federal audits by Office of Inspector General revealed a horror for many Social Security beneficiaries. [This 33-year-long pattern of mistakes]( by the SSA has led to the underpayment of tens of thousands of Americans. But it's up to you to hold them accountable. ([Full story](...)
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