This Backdoor Cannabis Play Could Climb Over 100%, and It's the Perfect Time to Strike

At the National Institute for Cannabis Investors, we talk a lot about cannabis banking. That's because accessing loans and depositing money are still huge hurdles facing cannabis companies. But the progressive financial firms that realize how much money there is to be made working with legal cannabis companies will be handsomely rewarded. And I've found the perfect play... Just like when we talked about Innovative Industrial Properties - which is now up almost 100% since we launched the American Cannabis Summit on Oct. 23, 2018 - we wanted to add another way for you to try and capture an additional potential triple-digit return. Of course, timing is everything, so you may have not seen when we first mentioned Innovative Industrial Properties and bought it at a higher price, or you may have simply chose not to buy its shares. But if you missed out, that's okay. I wanted to share another play with you today that could offer a similar profit opportunity, and the timing is perfect. I talked to my friend and banking expert, Money Morning Special Situation Strategist Tim Melvin, and he tells me that as of right now, there is only ONE publicly traded bank taking on cannabis customers - the rest are credit unions or privately held banks. I've held off talking about this company too much before because it faced some significant challenges outside of its cannabis business. However, those challenges seem to be behind it, and we could soon see a quick jump in the stock price thanks to some positive headwinds. So right now, I'm going to share with you hopefully another big winner to add to your growing list of cannabis investments... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This Backdoor Cannabis Play Could Climb Over 100%, and It's the Perfect Time to Strike appeared first on Money Morning - We Make Investing Profitable .