I’m no fan of politicians. And I’m not a political expert…
But I am an expert at following money. And one way to track down life-changing investments is by watching what politicians do… not what they say.
Take Joe Kennedy, for example. He was the father of President John F. Kennedy.
Joe Kennedy was personally against alcohol and supported Prohibition in the 1920s. In fact, he offered each of his sons $1,000 not to touch it. That was a lot of money back then.
But like today’s politicians, he was well-connected. By 1933, he knew Prohibition was going to end. Laws were changing and would trigger a financial windfall.
So as the end of Prohibition neared, he invested heavily in Scottish distilleries.
As soon as alcohol became legal, he imported large shipments of high-priced scotch… and made the equivalent of $100 million in today’s money.
That money laid the foundation of the entire Kennedy dynasty – and ultimately put his son in the White House.
It’s no secret politicians are rich. On average, members of Congress are 12 times wealthier than the average Joe.
But have you ever asked yourself why? I did… and what I found out after digging deeper made complete sense.
You see, politicians have access to some of the most sensitive information in the world. They’re the first to know of impending changes in the law that can bankrupt one sector or cause a boom in another.
And until very recently, they were legally allowed to use this insider information to get rich. But now, the law has changed. So they must be a bit smarter about how they use their information.
Today, I’ll reveal what I’ve discovered is the next sector these highly connected, greedy politicians are all piling into…
Bigger Than Booze and Tobacco – Combined
Today, dozens of politicians are doing a complete 180 on another form of Prohibition.
I’m talking about cannabis. And just like with alcohol, many politicians and insiders publicly oppose it – while privately investing in it.
The good news: Anyone aware of these actions can profit. It’s all thanks to a new law signed by President Trump last year. It legalized a type of cannabis called hemp at the federal level.
Unlike marijuana, hemp contains only trace amounts of tetrahydrocannabinol, or THC. That’s the psychoactive compound that makes people feel “high.” Instead, its active compound is cannabidiol (CBD).
So it’s perfectly okay to sell, use, and transport hemp and hemp-based products.
Now, as recent as 2018, the federally legal corner of the cannabis market was worth less than $600 million. But according to the Brightfield Group… within a short time, it’ll grow to be worth $22 billion per year. That’s 37 times bigger than it is today.
And Merrill Lynch says legal cannabis will disrupt $2.6 trillion of existing markets. That’s bigger than the global alcohol ($1.3 trillion) and tobacco ($900 billion) markets combined.
Hemp has about 50,000 industrial uses. You can use this legal cannabis to make clothes, paper, and biodegradable plastics. So we’ll see a lot of hemp and CBD added to thousands of products.
Now, you might be asking, “Where do the politicians fit in?”
From “Lock Them Up” to “Light Them Up”
What you may not know is dozens of prominent politicians and insiders have flipped on cannabis. They’ve quickly changed their tune on cannabis from “lock them up” to “light them up.”
And it’s unleashing a huge tailwind for the legal cannabis market by attracting more individual money from politicians than I’ve ever seen before.
A lot of their buying has been through what I call “equity proxies.” Remember, they can’t just trade on insider information like they used to.
So what I think they’re doing is disguising their buying via backdoor investments.
One example is former Massachusetts Governor Bill Weld.
He played a key role in the so-called War on Drugs during the Reagan administration. Recently, Weld joined the board of a company called Acreage Holdings, which awarded him 625,000 shares. At the time, those shares were worth $11.1 million. That’s about 100x his annual salary when he was governor.
Another example is Rodney Frelinghuysen – who spent 24 years as a House member from New Jersey. He was so dead set against cannabis, he voted twice against providing it to wounded veterans, even with a doctor’s prescription.
Yet he invested between $150,000 and $300,000 in a huge company which now has direct ties to the marijuana business.
While his “equity proxy” investment doesn’t look like a cannabis stock on the surface… the company has spent billions of dollars to acquire a massive stake in one of the biggest cannabis firms in the world.
I can name dozens more, but you get my point. Politicians often say one thing. But when it comes to money, they do another.
Now, I want to make it clear… These politicians haven’t done anything illegal. They’ve made sure they’ve dotted their I’s and crossed their T’s. And there’s nothing wrong with people changing their minds when presented with new facts.
I just don’t think it’s right that politicians can use their insider knowledge to make a fortune while they tell us to do the opposite with our own money…
Follow This Pattern to Riches
Now, I’ve seen this pattern before.
I saw it in 1994–95… when Wall Street openly scoffed at individuals for buying internet stocks, only to discover they were the biggest investors in tech pre-IPO deals those years.
I saw it in 2010… when Wall Street big shots were on CNBC every day, telling people to stay away from real estate – while they were buying hundreds of thousands of homes for their hedge funds.
And I saw it in 2017… when Wall Street elites like JPMorgan Chase CEO Jamie Dimon publicly bashed bitcoin as a “fraud.” Yet Dimon’s company was secretly one of the largest crypto buyers in the country.
Each time, investors who grasp what’s going on have had a chance to make a fortune.
The legal cannabis trend is going to be the same way. And if you want broad exposure to it, consider the ETFMG Alternative Harvest ETF (MJ). It tracks 37 cannabis companies.
But if you want to invest in cannabis companies with the potential to go up 10, 100, or 1,000 times… you need to put your boots on the ground and dive deep into the research.
I’ve traveled from the forests of Colombia to the high-rises of Wall Street… to the greenhouses of California… tracking this transformational trend. And I’ve uncovered two backdoor plays many politicians are using to get into the cannabis trend.
Out of fairness to my paying subscribers, I can’t reveal the names here. But you can find out how to get access to my top two picks right here.
Let the Game Come to You!
Editor, Palm Beach Daily
P.S. The truth about these cannabis stocks is even uglier than you think. That’s why I recently joined Fox News’ Judge Jeanine Pirro to expose this conspiracy.
You won’t hear about this story in the mainstream media. And no one on Wall Street is talking about it yet. But I can almost guarantee they soon will. You can watch the full interview right here…