This “backdoor” to cannabis sales gives savvy companies a huge advantage. Play it for profits with this top pick…

At the National Institute for Cannabis Investors (NICI), we talk a lot about recreational cannabis sales and the companies capitalizing on the hottest recreational cannabis markets in the United States.

And there’s a good reason for that.

We’ve seen what kind of profits are up for grabs when a new market goes recreational and sales double, even triple within the first year – like Illinois, which went from $251 million in medical cannabis sales in 2019 to over $1 billion in combined medical and recreational sales in 2020.

But I want to make something very clear…

When building your cannabis investing portfolio, don’t count out the companies that are building footprints in medical-only states because you think their moneymaking potential isn’t as big.

That’s simply untrue.

The savviest cannabis operators have discovered a “backdoor” strategy to boost their profits in these medical-only states and give themselves a massive advantage over the competition.

Today, I’m going to show you what that “backdoor” is and give you a lucrative way to play it for your own profits…

The Backdoor to Recreational Sales

Not only are medical-only states still incredibly lucrative for cannabis operators – like Florida, whose medical market is expected to do $1.5 billion in sales this year – but these companies often get a backdoor into those states’ recreational industries as soon as it’s legalized.

Why? Because when a state legalizes cannabis, it’s in everyone’s best interest to get recreational sales up and running as soon as possible.

Residents, legislators, police. People need a legal place to buy a legal product.

Which means the companies with existing medical operations that already have the supply and infrastructure needed for sales usually get first dibs on the new recreational licenses.

And first dibs on the added revenue.

Take Arizona as a prime example. When voters legalized cannabis for adult use in November 2020, the state was able to kickoff recreational sales as soon as January 2021 – in record time.

Within three months of legalization, many of Arizona’s medical operators became licensed to sell recreationally as well.

And as soon as they opened their doors on January 22, these dispensaries went from a customer pool of 300,000 medical cannabis patients to 5 million adults – putting Arizona on track to hit $1 billion in combined medical and recreational sales in its first year.

It’s the same story we saw play out in Illinois, where medical dispensaries went from 75,000 potential customers to 9 million within months of recreational legalization.

[ACCESS NOW] The Complete NICI Membership Guide to Profits in Illinois’ Soon-to-Be $1 Billion Recreational Market

All this before the rest of the competition even got their licenses.

And now, as recreational cannabis legalization begins to sweep the East Coast, lawmakers are using the same strategy to speed up the kickoff of recreational sales in their own states.

In Maryland, where the Speaker of the Maryland House of Delegates, Adrienne Jones, just announced her support for a referendum to legalize cannabis next year, lawmakers have already discussed licensing the state’s existing medical operators first.

In New York, which is expected to fly past $1 billion in recreational sales during its first year of sales, the state’s existing medical cannabis companies will be the only operators with permission to vertically integrate (both grow and sell cannabis) as of this writing.

And just last week, Virginia lawmakers began discussing speeding up the start of recreational sales from the current three-year timeline by licensing the state’s four medical operators to start selling cannabis recreationally.

Many of the country’s top cannabis operators saw this rec-to-medical backdoor opening, but let me show you one of your best bets for capitalizing on the trend…

How to Play It

When Green Thumb Industries (OTC: GTBIF) bought Dharma Pharmaceuticals back in May, the company secured itself a significant head start on recreational sales in the state.

And while lawmakers work to license more businesses, Green Thumb will enjoy almost exclusive access to revenue from recreational sales shared amongst only three other companies.

Even better? Virginia’s medical cannabis market was set up as five territories with only one vertically integrated license each. That means Green Thumb has a virtual monopoly on its area.

It’s also one of the ten medical cannabis companies in New York that will be allowed to vertically integrate for recreational sales. To prepare, it’s working on a 40-acre, $50 million cultivation powerhouse in Warwick.

Green Thumb is one of the best in the business when it comes to utilizing this “backdoor” strategy – and by owning GTBIF stock, you’ll get to reap the benefits.

Now, you can see why so many top cannabis operators are scrambling for licenses in states with medical-only markets.

They can prepare their operations, start profiting from medical sales, then receive early and exclusive access to revenue from recreational sales once legalized.

My team has already put together a portfolio packed with multistate operators (MSOs) that had the foresight to take advantage of this backdoor to recreational sales, which NICI Membership subscribers already have access to here.

If you haven’t joined NICI Membership yet, don’t worry – it couldn’t be any easier.

At just 10 cents a day for a shot at the biggest gains this industry has to offer, this could be the best decision you make all year.

And all you have to do to get started is go here now.

To your investing success,

Danny Brody

Executive Director, National Institute for Cannabis Investors


Comments

One response to “Savvy Companies Use This “Backdoor” to Make the Most Money Possible From Cannabis Legalization – And You Can Too (Here’s How)”

  1. Rich, juicy and meaty information !
    Great writing
    Good on ya Brody
    Thank you

    Kathie Klene
    Lifetime Member

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