Matt Badiali is a renowned natural resource expert investor and investment newsletter editor. Badiali holds a masters of geology and has decades of expertise in the natural resource investment industry. Badiali has an impeccable investment track record and almost everything he predicts come to pass. One of the investment advice that Badiali shared with his loyal readers and earned them massive returns include investment in the metal lithium batteries that has become popular in the electric car industry.
Matt Badiali, in one of his recent articles, predicts that the Marijuana sector is set to grow exponentially as the plant is becoming accepted widely. The latest country to come on board on the legalization of Marijuana is Canada. Badiali and other investments experts are predicting that the Marijuana industry in Canada will be like the United States Silicon Valley. Badiali says that in the last boom in the stock market, the Canadian gold companies reaped massive profits, but this is set to change as Marijuana is going to be widely accepted in the country. Badiali says that companies that invested in the gold mining companies should now shift focus to the marijuana companies if they still want to survive. Badiali adds that they should take advantage of the upcoming Marijuana boom. Read more about Matt on Interview.net.
There are gold companies that have begun taking advantage of the legalization of Marijuana says Matt Badiali. One classic example, according to Badiali is the Newstrike Company that after learning about the latest trend in the marijuana market went through a reverse merger process and ventured into the marijuana industry as opposed to gold mining. The company then received an endorsement from a famous Canadian musical group, and the shares skyrocketed from the initial $.05 per share to a whopping $3 per share. The shares were in its records high, indicating a 5900 percent rise.
However, the shares later dropped to $.50, but Badiali says that from the trend, many positive lessons were learned. According to Matt Badiali, all it will take for the industry to boom is a little spark, a celebrity endorsement or a change in the law. For this reason, Badiali says the right time to invest in the industry is now as Marijuana has been legalized in many provinces, and many big players have not started investing in the sector.