This story was originally published here.
Amid all the craziness of this year, it's easy to think your investing opportunities are limited. But the CBD industry is still projected to soar.
Our best CBD penny stock to buy now could gain 800% by the end of the year. And we're going to show it to you today.
The legal marijuana sector was predicted to grow from $10.8 billion in 2018 to $2.6 trillion in 2030, according to the National Institute for Cannabis Investors. And guess what? Nothing has changed.
The only thing that's changing is the value of the CBD industry. It's growing fast, and now is the time to start looking at CBD stocks if you want to partake in this growth.
Penny stocks are a great opportunity in this market too. Because they trade under $5 a share, the price can take big leaps in a short amount of time.
We saw this happen with Cinedigm Corp. (NASDAQ: CIDM) today. It popped 325% after the company announced a partnership with Viewd, a Smart TV software provider.
A bit of good news like this can lead to big upside in a penny stock. So penny stock investors are always watching the news closely.
But when you have an explosive industry like CBD, things are made easy. We're going to show you our best CBD stock to buy. But first, here's how you can know that CBD penny stocks are going to take off…
Editor's Note: Click here for the full story.
America’s Top Cannabis Investors and Joe Montana Sit Down in a New Interview
He's backed some of the most successful startups in the world – investing in companies like Dropbox and Pinterest long before they became the giants they are today.
But even with those billion-dollar companies in Joe Montana's portfolio…
He says the cannabis industry has as much potential than anything he's seen in a while.
“It is a great time for investing in the cannabis industry,” he said. “The possibilities to get in on the ground floor of some great companies is very exciting for everyone.“
However, Joe is careful to say the normal rules of investing don't apply to the cannabis market.
“You can't use those old-fashioned metrics analysts tend to lean on. You need a different process.“
Joe wants to make sure Americans have all the information and tools they need to make smart investment decisions.
That's why he recently took part in the The 2020 American Cannabis Summit.
The summit is a gathering of the industry's top experts where they'll reveal the market's best wealth-building opportunities.
And Joe will even go over a unique formula for finding startups.
This online-only event is a must-watch for anyone who has ever considered investing in cannabis.