NEW Pot Stock Research - My Visit To Denver

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Penny Stock Research
NEW Pot Stock Research - My Visit To Denver
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• Hi, My name is Aaron and Im with Penny Stock
  Research, today were reviewing our recently
  published article

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• NEW Pot Stock Research - My Visit To Denver

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• A few weeks ago I took a business trip to Denver.
• I was out meeting companies in that area and one
  of the key industries I went to look at was the
  Cannabis Industry. Yes, I was looking at the POT
  industry.

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• Regardless of your views on the use of pot, you
  have to look at this industry. Its the growth
  industry of the decade.
• If you think about it, the pot industry is very
  similar to the Alcohol or Tobacco industries and
  those are HUGE and VERY PROFITABLE.

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• But Im not going to sugarcoat it the industry
  has MAJOR PROBLEMS too.
• Lets start with the good, then explore the bad,
  then Ill get you a new list of Pot stocks to
  research.

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• Here we go
• The Truth Behind Pot Stocks

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• First, Im going to give you the biggest positive
  here GROWTH.
• The Pot Industry is growing like a weed in
  Denver. And its not just growers and
  dispensaries that are cropping up.

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• During my visit, I came across a half a dozen
  publications. They were advertising everything
  from Holistic Doctors to grow facilities to
  dispensaries.
• But thats not all.

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• Pot Tour companies are finding huge success.
  Tours like you find at a winery are available!
  Equipment companies are found at every turn
  pipes, cleaning equipment, grow equipment, even
  plant nurseries are on the rise.

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• But it doesn't stop there.
• Thousands and thousands of new jobs have been
  created, and the economic growth is obvious.

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• I love to chat with cab drivers (and now uber
  drivers) about the cities I visit you can
  discover some amazing things. Like the fact that
  so many people are flocking to Denver, the price
  of housing is rising rapidly.

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• The few cab drivers I spoke with indicated rent
  prices have doubled in just the last few years.
  One driver praised and cursed the industry in the
  same breath.

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• He hated the fact his rent is going up but loved
  the fact business was hopping and he was making
  more money.
• I witnessed the same thing.

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• There was a buzz I felt in the city Id never
  seen before. And clearly economic activity is
  hot Bars and restaurants downtown were packed on
  a Tuesday and Wednesday night.

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• Hotel rates are up and it was a struggle to book
  a decent place to stay. The Denver economy is
  back and I attribute it to the Pot Industry.

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• Some Stupid Risks In The Pot Market

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• Despite the growth, there are some serious
  threats to the Pot Industry as a whole. For
  example, while legal at the state level, Pot
  remains illegal at the federal level. In my
  opinion, this is something the Feds need to fix
  ASAP.

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• They should regulate and tax marijuana just like
  the tobacco or alcohol industries, saving tons of
  money in drug enforcement action.
• But thats not the only reason.

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• Consider this one of the fastest growing parts
  of the industry are security companies. Every
  dispensary had armed guards and expensive
  security systems (at least the ones I visited).

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• Why is security so high?
• Its because dispensaries, and by default the
  rest of the industry, is a CASH business.

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• You see, because Pot is illegal at the federal
  level, dispensaries are PROHIBITED from opening
  bank accounts. They also cant get credit cards.
  So they buy their supplies and pay their
  employees in CASH.

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• Talk to anyone in the industry and youll quickly
  hear of employees transporting thousands of cash
  in nothing more than paper bags. Robberies in
  the industry are commonplace and lives are at
  risk (but the Feds dont really care about that)

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• The one bank who tried to set up in the state to
  serve the industry was quickly shut down by the
  Treasury Department.
• Talk about stupid.

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• Pot Stocks Growing Like Weed

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• Despite the issues, I like the idea of the Pot
  Industry. But there are very few high quality
  pot stocks to buy. The Pot Industry is like the
  dotcom industry back around 2000.

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• Every company is claiming to be in the industry.
  The great growth rate is attracting both
  legitimate businesses and scammers alike.

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• So, how do you invest and keep yourself safe?

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• You use common sense.
• You look for Pot Stocks with real businesses (not
  just great ideas). You look for businesses with
  revenue and hopefully income!

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• You look for companies with real products and
  assets.
• Check those boxes and youll screen out most of
  the garbage Pot Companies.
• Now, I think its time to update the list of pot
  stocks in the industry.

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• I dont have time today, but in my next article,
  Ill get you an updated pot stock list!
• Tell me, do you own Pot Penny Stocks? If so,
  which ones? Let me know on the blog!

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