Robinhood users are wishing they could trade this cannabis stock. But by the time they can, the biggest gains will be taken…
I may sound like a broken record when I talk about using a trading platform outside of Robinhood to buy cannabis stocks, but it’s for a good reason.
Robinhood does not allow you to buy over-the-counter (OTC) cannabis stocks – some of the best you can buy right now, like Curaleaf Holdings Inc. (OTC: CURLF).
I’ll have more on why Curaleaf is the best and what’s ahead for the company in just a moment, but I need this next point to really sink in.
There’s going to be an event that will happen in the next eight months, whether it’s the passing of the SAFE Banking Act or more overarching federal cannabis reform, that allows cannabis stocks to “jump” from the OTC to the Nasdaq.
That’s when Big Money players will not only start buying up cannabis stocks, but Robinhood will finally allow its 13 million users to buy CURLF, creating a feeding frenzy that could send prices through the roof.
That’s why I keep saying that you need another brokerage account so that you can own OTC cannabis stocks before they start trading on the Nasdaq.
And this isn’t something you can drag your feet on – because Robinhood just made a subtle but noteworthy move.
It added Curaleaf to its watchlist of cannabis stocks, which previously only consisted of Canadian companies trading on the Nasdaq or New York Stock Exchange (NYSE) and pharmaceutical companies with loose ties to marijuana.
You still can’t buy CURLF stock on Robinhood, but it’s a hugely telling sign. Robinhood added a stock to the watchlist that its users wish they could trade, and it’s a stock that soon could trade on its platform.
So I don’t want you to wait to find a brokerage service that will let you own shares of CURLF now.
The First Household Name in Cannabis
Curaleaf wants to reach the 93% to 95% of United States households that don’t currently consume marijuana. To do that, the company will eventually become just a processor and manufacturer of cannabis products focused on branding so that it can stand out from the crowd.
“We’re making the products much more mainstream for our customer base – we’ll be no different than Coca-Cola or Frito-Lay,” Chairman Boris Johnson said in an interview with Forbes.
The company already has operations in 23 states with a total of 101 dispensaries, which is a great head start toward becoming America’s favorite cannabis brand.
However, Curaleaf has global ambitions. It wants to become a household name in cannabis around the world.
That’s why it bought the largest vertically integrated cannabis company in Europe – EMMAC Life Sciences Limited – for $286 million. Europe was only a $359 million legal cannabis market in 2020, but Curaleaf CEO Joseph Bayern believes that it could eventually be a market worth $120 billion.
Tesla shareholders have experienced a roller coaster ride over the last decade, but those who stayed on during the highs and lows were rewarded by becoming rich. That same story can play out for you as a cannabis investor…
Now, I know cannabis stocks have either traded flat or are taking a bit of a dip lately.
But looking at what’s ahead for the company, plus CURLF stock uplisting to the Nasdaq and getting access to millions of new buyers ready to buy the stock, any dips will represent buying opportunities for you.
NICI Membership subscribers had the chance to get in early on Curaleaf and are now looking at triple-digit gains, thanks to our real-time profit alerts and trade recommendations – and based on Executive Director Don Yocham‘s new price target for CURLF, which you can check out right here, that’s just the beginning.
So don’t wait around and miss this chance to maximize your returns on Curaleaf and the rest of the top-performing stocks in our model portfolio.
Because you may never be able to own these stocks at these prices ever again.
And if you haven’t yet opened a brokerage account, or are only using Robinhood, I want to help you get started with that, too.
It’s very easy, and it can take as little as 20 minutes to set up.
These are not recommendations, but many National Institute for Cannabis Investors members have reported that they are currently using these brokerage services to buy and sell cannabis stocks:
- eTrade – 1 (800) 387-2331
- Fidelity– 1 (800) 343-3548
- TDAmeritrade – 1 (800) 669-3900
- Charles Schwab – 1 (800) 435-4000
For investors outside of the U.S., you can look into Interactive Brokers, and Charles Schwab can work with investors from many different countries – from Germany to the United Kingdom – to set up an account.
We also have a step-by-step guide to setting up a brokerage account that you can access right here.
To your investing success,
Partner, RADD Capital
6 responses to “When 13 Million Robinhood Users Flood Into Cannabis Stocks, It Will Be Too Late for You”
May 05 2021