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[I told you so... marijuana is an ALL-IN endeavor](
Michigan became the first state in the Midwest to legalize recreational marijuana. The cannabis industry shows no sign of slowing down and former Speaker of the House John Boehner agrees. He's telling Americans to go "all-in" on this $10.8 BILLION industry. Don't be the last to profit from one of the most controversial, yet lucrative opportunities of a generation. [Click here to see the rebroadcast]( of the ground-breaking American Cannabis Summit.
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December 7, 2018
[Here's What Legal Cannabis Looks Like After the Marlboro-Cronos Deal](
By Michael A. Robinson
Dear Strategic Tech Investor Reader,
LATEST REPORT
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LATEST APPEARANCE
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[While Wall Street Waffles, Michael Sees This Ahead for Tech](
MICHAEL'S LATEST ALERTS
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Research
[How Alaska Just Started Solving the Marijuana Banking Problem](
Trading
[How We're Profiting From Biotech's Quiet Comeback]( Big news this morning - and I hope you're hearing it from me first.
As I've been predicting since I first started covering the field in late 2016, Big Tobacco is diving head first into legal cannabis.
Altria Group Inc. ([NYSE:MO](), maker of Marlboro cigarettes and other major brands, said early today that it's taking a $1.8 billion, 45% equity stake in Canadian cannabis leader Cronos Group Inc. ([Nasdaq:CRON](). Plus, Altria has the option to take over Cronos through 55% ownership over the next four years.
The "bigness" of this news is evident in the price Altria paid: $12.14 per share - an 18% premium over Cronos' stock price as of Thursday, and approaching the stock's all-time high of $15.30.
And it's evident in how Cronos absolutely skyrocketed on the news. As I write this, the Toronto-based firm's stock is already up more than 25% for the day.
Altria's dive into pot makes sense, of course. Its long-running global experience in the highly regulated tobacco industry is going to come in handy for an internationally oriented cannabis firm like Cronos, which has operations not just in Canada, but also in Colombia, Germany, Poland, Israel and Australia.
And Cronos should supply a nice shot-in-the-arm for Altria, which, like all tobacco firms, has been hit hard by public health laws and anti-tobacco campaigns. It no doubt hopes the Cronos deal will help turn the tide.
As for what happens from here - to Cronos and the rest of the legal cannabis industry we follow so closely here - no one can say for sure.
But we've seen this story play out before - and can make some pretty good guesses.
Recall August 15, one of legal cannabis' biggest days ever.
That's when Corona beer parent Constellation Brands Inc. ([NYSE:STZ]() announced that it was taking a major stake in Canadian marijuana leader Canopy Growth Corp. ([NYSE:CGC]() in a headline-grabbing $3.8 million deal.
Canopy went on to surge 19% in one day, and then explode another 51% in the week following.
But here's the even more important point - Canopy's rise brought up just about every other pot stock along with it.
Just take a look at what happened to the Horizons Marijuana Life Sciences ETF ([TSX:HMMJ.TO]().
The cannabis-stock ETF soared nearly 80% through mid-October - in just two months. Meanwhile, the SPDR S&P 500 ETF Trust ([NYSE:SPY]() tumbled more than 3%.
That's where we are right now - on the precipice of another huge leg up for pot stocks. (I don't have time to get into it now, but already this morning, other cannabis companies are seeing their share prices on the move.) And this Altria-Cronos deal is the catalyst, just as the Constellation-Canopy blockbuster was the trigger for legal marijuana's last big move up.
The Constellation and Altria deals are just the start of the biggest [cannabis money migration]( we'll probably ever see - from global "sin stock" giants to tiny Canadian startups. And you can take part - if you know the right moves to make.
That's why I recently sat down for an [in-depth interview]( on just that subject. In that conversation, we let you in on exactly what's happening here - and why - and which stocks will be the biggest beneficiaries.
I hope you [check it out]( - before this latest rally really takes off... and it's too late to join in.
[Click here to see it](.
I'll see you back here soon.
Here's what else I'm following...
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[This Could Go Down as Social Security's Biggest Error (but You Don't Have to Go Down with It)](
Those who were involved in this Social Security nightmare unintentionally were roped into the mess through no fault of their own. Already, thousands of Americans have retrieved their [unclaimed benefits](... and YOU could be one of tens of thousands impacted by the same Social Security error. [Here are the details](...
How This One AI Breakthrough Could Release a Million-Dollar Windfall
The most common piece of financial advice that exists is to: put your money in for the long term in order to build your wealth. And while that may set you up for a decent retirement, Tom Gentle believes you deserve more - much more. And that's why he's letting you in on his biggest, most profit-turning secret ever. And it could make you a millionaire in one year (or less). To get in on these secrets - and to sign up for Tom's free, twice-weekly Power Profit Trades- [click here](.
[The Shocking Reason Why We Think Bitcoin Could Hit $100,000 (and How You Could Make Millions)](
Cryptocurrency legend Michael A. Robinson just revealed the little-known details regarding the future of Bitcoin... and why at any moment, it could be poised for a record-breaking rebound far beyond anything we've witnessed already. Michael made a prediction about Bitcoin way back in 2013 - and folks who followed his advice stood to become 253 times richer. I'd venture to say not one in 10,000 people are aware of the [massive profit potential]( unfolding right now. Before the mainstream public gets any wiser, [you need to see this now](.
[The Next Wave of Legalization (Not Marijuana!)](
We've long been following the wave of states legalizing marijuana and the cannabis craze that's come along with it - and pocketing plenty of profits along the way. Now, we're about to do it again. If you missed the legalization the first time, [this could be your second chance](.
YOU MAY HAVE MISSED...
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[Canada, cannabis, and a $2 million profit opportunity: Everything you need to know](
[Here's how to grab a fortune from the upcoming wireless electricity revolution](
[Shelf life: Has Big Oil expired?](
[Millions of Americans are missing out on this major opportunity every year](
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