Marijuana may still be one of the most controversial topics.

But it’s quickly proven itself to be one of the most profitable.

Over the last three years:

- Canopy Growth (TWMJF) ran from $2.50 to $37

- OrganiGram Holdings (OGRMF) ran from 25 cents to $4.70

- Kush Bottles (KSHB) ran from $1 to $8

- Pot Network Holdings (POTN) ran from less than a penny to 64 cents

- GW Pharmaceuticals (GWPH) ran from less than $40 to $140

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The End of a Prohibition
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All thanks to marijuana… and now, Donald Trump?

Yep, in early 2018, the Trump bump added even more momentum to the sector.

According to USA Today:

America's fast-growing marijuana industry appears poised for supercharged growth after winning what cannabis entrepreneurs see as approval from the Trump administration to forge ahead. The legal marijuana market was already growing exponentially despite fears of a federal crackdown under Trump and Attorney General Jeff Sessions, but Trump’s signal that he'll respect state legalization may swing open the floodgates by reassuring traditional investors, entrepreneurs and local lawmakers that it’s OK to jump in.

Even Senate Majority Leader Chuck Schumer introduced a bill that could deschedule marijuana, allowing states to carry out marijuana reform.    “Ultimately, it’s the right thing to do,” Schumer said. “Freedom. If smoking marijuana doesn’t hurt anybody else, why shouldn’t we allow people to do it and not make it criminal?”

Nowadays, as more than 29 U.S. states plus Washington, D.C. have approved its medicinal use, and as eight states have approved its recreational use, we could be about to witness a repeat of the returns some stocks have already seen.

On top of that, 61% of Americans now believe marijuana use should be legal.

Up to 88% of Americans favor its medicinal use, too.

But that’s just in the United States.

Even Canada could see millions, it not billions in sales.

By 2021 analysts say Canada could have nearly four million recreational marijuana users, creating a monstrous $4.5 billion industry. The industry could balloon to $8.7 billion shortly after, as marijuana retail sales just in Canada are likely to surpass beer, wine and spirit sales combined.

But wait, there’s more…

Corporate America was busy jumping on board, too.

Constellation Brands, a $43.07 billion beverage company just took a 9.9% stake in Canadian marijuana grower, Canopy Growth (TWMJF).  That’s because consumers are beginning to reduce their alcohol intake in favor of marijuana.

“We believe alcohol could be under pressure for the next decade,” Cowen analysts said, as quoted by Fortune. “Consumer survey work suggests [about] 80% of consumers reduce their alcohol consumption with cannabis in the mix.”

Marijuana may be controversial for many, but it's again becoming one of the most profitable investments of the decade.   We are in the early innings of a mega bull market.

In short, there’s fundamental strength.

We were even seeing technical strength in early 2018, too.  In fact, by April 2018, Canopy Growth was still oversold, consolidating at $23.50 a share.  A potential breakout from that pattern could send it back to $37.50, as argued by analysts.

It doesn’t matter how controversial a story may appear to be.

If it displays technical and fundamental strength especially at an oversold point, it’s well worth buying and holding.  Imagine buying a stock like TWMJF and watching it explode again, as it did from $2.50 to $37.

Bonus Report: The End of a Prohibition. Learn How Average Americans are Becoming Marijuana Millionaires!  GET THE FULL REPORT HERE!