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Become a Legal Drug Dealer

How to Make $800,000 Legally Dealing Drugs

Written by Jeff Siegel
Posted October 13, 2015

$100 million!

That’s what the state of Colorado is now generating through the sale of legal marijuana — every single month.

Less than two years ago, it was pulling in about $14 million.

The first day of legalization — $5 million.

Sounds impressive, right?

Not so fast.

Last week, the state of Oregon enjoyed its first week of legal recreational marijuana sales. The total take? $11 million.

If Oregon follows the same trajectory as Colorado — as many predict — in less than two years, the legal marijuana business there could be pulling in as much $310 million... every single month.

Regardless of what you may think about marijuana, there’s one undeniable truth that all investors must understand...

There are few opportunities more profitable than this one. And if you sleep on the burgeoning legal marijuana market, you choose to miss out on the kind of cash that separates the men from the boys.

It's all about the money!

A relatively new report released by market research group GreenWave Advisors indicates that the legal cannabis industry could be generating $35 billion in revenue by 2020.

To put that in perspective, that’s more than twice the annual revenue of the NFL!

But unlike the NFL, you can actually invest in this market — legally.

Now, I’ll be honest...

When I first started covering this sector, I was met with a lot of resistance from the folks who own this publishing company. They thought the whole thing sounded sketchy, and they flat-out said they didn’t want me to write about drugs.

Unfortunately, that’s something all of us had been doing for decades...

Big Pharma, up-and-coming biotechs, tobacco companies — they all generate revenue by selling drugs. I don’t mean to be crass, but it’s true.

Of course, that logic — which is completely sound — still didn’t do much to convince them that this was an industry we should cover. What did change their minds, however, was a guy named Michael Babich.

Be Like Mike

They didn’t know him personally, and they didn’t even know his name until I brought it to their attention.

You see, back in late 2012, I was talking to a few of my contacts in the legal marijuana business. The name Michael Babich kept coming up. Apparently he was this really smart guy who was running a public company in the legal marijuana space, and a lot of big money was sniffing around his operations. The company was called INSYS Therapeutics (NASDAQ: INSY).

Following up on this intel, I realized that Babich’s company was primed for a major shot of steroids. Big-shot Wall Street guys were dropping his name, and legal marijuana insiders were buying up the company’s stock.

When I showed the guys who sign my paycheck exactly what was happening, they quickly gave me their blessings. The writing was on the wall, and they knew there was now just too much money to be made in the legal marijuana space to ignore.

And I’m quite certain they made a boatload by getting in before the stock launched 1,696%. Take a look...

insys

In February of 2013, the stock was trading around $2.50 a share. By July 2015, it hit $44.92.

That's a gain of almost 1,700%!

Imagine putting $50,000 in INSY in early 2013 and cashing out a little more than two years later. That would've put an extra $800,000 in your pocket.

Of course, after that initial run in marijuana stocks, the market imploded.

Truth is, most of these public companies were trading at valuations that were so absurd, there was no way to go but down. Plus, there were a fair amount of pump-and-dumps mixed in with the bunch, too.

The good news, however, is now that the market has been practically wiped clean of all the laggards and fly-by-night operations, what's left is a handful of quality stocks that are primed for another run...

How to be a legal drug dealer

You know, the funny thing is, as I write this, I feel like I’ve gone back in time, explaining to folks why they should invest in an unproven legal marijuana market.

The only difference this time is that it’s no longer “unproven.”

For the past few years, I’ve been making a killing in this space. I’ve even been referred to as a “legal drug dealer.” And quite frankly, as long as the cash keeps rolling in, I have no intention of stopping.

And I’m not the only one.

Truth is, there are literally thousands of “legal drug dealers” out there now, pulling in ridiculous amounts of cash on a regular basis. It’s all on the up-and-up, too — completely legal and completely legit.

To a new way of life and a new generation of wealth...

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Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks, a private investment community that capitalizes on opportunities in alternative energy, organic food markets, legal cannabis, and socially-responsible investing. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor's page.

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