Chris’ note: As regular readers know, one of the biggest profit opportunities we’ve been tracking here at Legacy Research is the wave of pot legalization sweeping North America… and the globe.
It’s why colleague Teeka Tiwari spent the last three months immersed in research into this explosive new industry. His quest took him to a remote location in the mountains of northern Colombia. It’s a place where the local delicacy includes fried jumbo-butt ants. (And yes, Teeka partook.)
As you’ll learn below, he came away convinced that the next wave of profits will be centered on a specific type of cannabis compound now 100% legal in the U.S.
It’s all in the report below that Teeka sent back from his research trip to the Colombian Andes…
“Are those ants fried or grilled?”
It’s not every day I ask a question like that. But this was no ordinary day.
I was nearly 4,000 feet up in the mountains of northern Colombia. A light breeze swept across the highlands. The air was thick with the sweet smell of pine trees.
Pineapple groves and verdant valleys surrounded me. A detail of eight armed officers guarded me and my team. The three bulletproof Land Cruisers that brought us up the narrow pass stood in stark contrast to the natural beauty.
“One way in; one way out,” the plantation owner told me.
Of course, when you plan to grow $100 million worth of cannabis per year… security matters.
And that’s why I was in Colombia: to tour a pineapple and pine tree plantation the owner is converting to cultivate cannabis. But unlike the illicit cannabis Colombia is famous for growing, this stuff won’t get you high.
In an armored vehicle in Colombia
You see, a new “green rush” is about to take off. And I’ve been traveling the globe to follow it – including to the Colombian highlands…
The local delicacy there is a glass of whitefish ceviche garnished with fried (not grilled) jumbo ants.
So when my host graciously offered me the dish, I didn’t want to risk offending him by declining. (He’s the largest citrus exporter in the country.)
But it’s a small price to pay to get the inside scoop on what could be the best chance since cryptos for ordinary investors to turn tiny stakes into life-changing gains…
Over the last three months, I’ve walked through cultivation fields… hobnobbed with billionaire financiers… and interviewed the major industry CEOs.
And yes, I’ve even eaten fried ants – all to find the world’s biggest money-making ideas in the legal cannabis space.
If you’ve been following the Daily, you know I think demand for cannabidiol (CBD) will be huge. But let me back up…
You’re probably already familiar with one type of cannabis: marijuana (also known as pot or weed). It contains tetrahydrocannabinol, or THC. It’s the psychoactive compound that makes people feel “high.”
Now, the federal government lists marijuana as a Schedule I drug. So it gets the same treatment as heroin, LSD, and ecstasy.
But CBD comes from another type of cannabis – hemp. And unlike THC, CBD doesn’t get you high.
Plus, CBD has the potential to treat numerous health problems and will be a boon to the pharmaceutical industry.
For instance, the U.S. Food and Drug Administration recently approved an anti-seizure drug for children with CBD as an active ingredient.
And even the NFL is considering allowing players to use CBD (which it currently prohibits) for pain management instead of opioids.
Until recently, the federal government banned all cannabis products. But President Trump signed a bill last December legalizing hemp and CBD products.
And it’s created a huge tailwind for the industry…
We’re at the very beginning of a global CBD boom. And it’ll be unlike anything you’ve ever seen before.
Brightfield Group forecasts CBD sales to grow from $591 million this year to $22 billion by 2022. And Merrill Lynch projects the CBD industry to directly disrupt existing businesses worth as much as $2.6 trillion.
That’s why I went to Colombia – 1,097 miles away from home – risking my life in some small way so others can profit from this trend.
In fact, as our four-wheel drive convoy pulled up the mountain trail, I envisioned the acres and acres of sowed fields soon sprouting thousands of hemp plants.
The climate there is perfect for hemp cultivation. And the highland farmers have decades of experience.
They’ll soon make their way up to cut the plants… load them on trucks… and carry them back to town for processing. Then, the factory will ship the CBD oil to customers across the world.
With my chief analyst, William Mikula
And that’s just the beginning…
In a year from now, virtually every item in your local supermarket will have CBD in it – from cereal and beauty products… to sodas and beers.
Plus, a whole new world of CBD-based drugs – treating everything from anxiety to joint pain to insomnia – will flood the market, too…
This non-psychoactive natural product is helping our veterans overcome debilitating post-traumatic stress disorder (PTSD). It’s helping treat children who’ve had dozens – sometimes hundreds – of epileptic seizures each day. Some arthritis sufferers swear by it for pain relief.
And I’ve even personally used it on bad days to help dull my shoulder injury pain…
Now, if you’ve had doubts about investing in legal cannabis, I want you to know: I understand. We’ve been brainwashed for years about the evils of marijuana and its derivatives.
But friends, I’m here to tell you that after more than 80 years of misinformation, federally legal cannabis is about to sweep across our country…
And it’s a good thing.
I urge you to educate yourself on CBD. I have – and now, I realize it’ll become the biggest money-making opportunity of my lifetime since cryptos. You absolutely want to invest in this trend.
That’s why I put together a special presentation.
I revealed the details on Wednesday… but if you missed it, you can still find out how to tap into the world of CBD private placements – “sweetheart deals” that were previously reserved for the wealthy.
I’ve seen a $1,000 investment reach a peak gain of $1.6 million on these types of private investments…
Let the Game Come to You!
Editor, Palm Beach Daily
Bill Bonner, Doug Casey, Teeka Tiwari, Jeff Clark, and the rest of our Legacy Research Group experts need your help…
We’re looking for three rock stars to help shape the future of our investment research… and you may be one of them.
So – if you think you have the chops to be part of our elite group – check out the job links below.
But first ask yourself…
Am I independent, driven, and not a stuffy corporate type?
Am I tenacious, adaptable, resourceful, and capable of handling a heavy workload without breaking?
Am I intensely curious and able to teach myself whatever I need to know to get the job done?
Do I innovate and try new things that haven’t been imagined yet?
Do I demand excellent results from myself and the people around me?
Am I honest, even-keeled, and easy to work with?
If you answered yes to all six, then you could be one of the outstanding people we’re looking for… and we want to hear from you ASAP.
Your opportunity is waiting…
Investment Director – Be the master of market knowledge and help take our already world-renowned research team to the next level.
World-Traveling Investment Writer – Create, develop, and launch your own bylined investment advisory; micro-cap specialists to the front of the line.
Equity Analyst – Support our team of brilliant investing experts as you learn everything you need to know to write your own letter someday.