Chris’ note: As regular readers know, Palm Beach Research Group’s Teeka Tiwari is on a mission to mint more new millionaires than any other newsletter analyst in the country.
That’s why, last week, he went live with his No. 1 wealth-building opportunity of the new year. It’s a tiny, private company. And Teeka found a way you can buy shares before it goes public… with as little as $250.
But the window to invest is about to close, so our publisher is taking Teeka’s broadcast down tonight at midnight. Catch up on all the details here before then.
And read today’s Daily Cut to hear Teeka reveal why Wall Street types don’t want you seeing deals like the one he’s discovered.
In 1991, I was the youngest vice president in Shearson Lehman history.
Shearson Lehman was a key player in the initial public offering (IPO) market for a century.
Many of the companies that kicked off the Industrial Revolution and the consumer electronics boom… Shearson Lehman took them public.
From there, I went to Cowen & Co. It was recently ranked the top IPO bank in the world.
I cut my teeth at the brokerage houses of Wall Street’s top investment banks. And what you quickly learn is – watch what Wall Street does, not what it says.
Here’s why I’m telling you this…
Over the next 12 months, I expect Wall Street to unleash a mega wave of IPOs not seen since the internet boom of the 1990s.
But this time, the boom won’t be in tech.
Instead, venture capitalists (VCs) are piling into tiny, private companies taking a new industry by storm… before they IPO and explode in value in 2020.
But at the same time, VCs are spreading a lot of misinformation about this same industry.
Friends, I’ve seen this blueprint before…
I saw it during the Great Crypto Conspiracy of 2017.
JPMorgan Chase CEO Jamie Dimon publicly bashed bitcoin as a “fraud.” At the same time, his company was secretly one of the largest crypto buyers in London.
I also saw it during the 1990s tech boom.
Another Wall Street heavyweight, Morgan Stanley, announced the “end of cycle” of tech stocks. But privately, it was investing in tiny, private tech companies such as Netscape – the Google before Google.
Today, we’re seeing the same playbook again.
And as I’ll show you today, if you can ignore what Wall Street is telling you… and instead focus on where it’s putting its money… you’ll have a chance to make a fortune.
Cannabis stocks are going through tough times.
The ETFMG Alternative Harvest ETF (MJ) tracks the top global cannabis companies. It fell about 31% in 2019.
And the fear machine is going into overdrive.
According to Morgan Stanley, to invest in legal cannabis, you need “a large appetite for risk… [W]atch from the sidelines.”
Or take Bank of America Merrill Lynch. Publicly, it’s said “growth is set to pause.”
But my team and I have reviewed an internal report that has a much different tone. It says the Wall Street bank believes this space will grow to a $2.6 trillion juggernaut.
And recent reports found financial services firm BNY Mellon is “thwart[ing] the efforts of Americans to invest in legal cannabis.” It’s preventing its customers from trading popular cannabis stocks.
What else has BNY Mellon been up to recently?
Launching an exchange-traded fund (ETF) to help the world’s largest funds invest in the cannabis space.
As you can see, Wall Street is trying to scare you away from cannabis stocks… while it’s setting itself up to profit big time.
These deep-pocketed investors aren’t buying public cannabis companies.
Like during the 1990s tech boom, they’re piling into private market deals.
Wall Street has duped the public… and even the media… about the next big boom.
As it’s telling Main Street that legal cannabis stocks are terrible, it’s following the lead of top VC firms and buying into private cannabis deals.
Wall Street ran this same playbook back in 1995. Back then, it publicly shunned tech while “secretly” loading up on private shares of Amazon, eBay, and Priceline.com.
I know this because my team and I tracked the numbers.
Despite the sell-off in publicly traded cannabis stocks, last year, VC firms pumped close to $2 billion into private cannabis startups. That’s more than 100 times the $17 million private cannabis companies raised in 2013.
It’s the most money VC firms have ever poured into the cannabis industry.
Here’s why that’s important…
The tech boom made a lot of money for a lot of people… even for folks on Main Street. But the life-changing returns came from investing before these companies went public.
Take Netscape, for example. It created one of the first web browsers.
On the day it went public, Main Street’s return was 108%. But pre-IPO investors made 16,600% that day on Netscape shares. That’s the difference between turning $1,000 into $2,080… and a windfall of $167,000.
Or take rideshare company Uber. Silicon Valley VC firm Benchmark got its hands on pre-IPO shares for $0.07. When Uber went public, its shares traded for $45. That’s a 64,200% gain – in one day. Enough to turn $250 into about $161,000.
Investors in Uber’s post-IPO shares have yet to make a dime. That’s the difference between pre- and post-IPO investing.
It’s why I’ve been working my network of insiders for the past year – looking for the best “sweetheart deals” in the legal cannabis industry for 2020.
This search led me to my No. 1 wealth-building opportunity of the year. It’s your chance to be in on a pre-IPO deal with a billionaire before it lists on the Nasdaq. Plus, you can get in for just 50 cents per share.
Now, if you want to play the turnaround in the cannabis space, you can consider an ETF such as MJ.
Or you can trawl through crowdfunding platforms such as SeedInvest and MicroVentures. They list dozens of cannabis startups looking to raise funds from the general public.
But if you want to make real money in the private markets, you have to be connected to insiders who know where the smart money is flowing.
That’s why I’m here with you. I want to be your go-to source of information for life-changing opportunities in the pre-IPO market.
Let the Game Come to You!
Teeka Tiwari
Editor, Palm Beach Venture
P.S. As I mentioned, VCs are loading into tiny, private companies taking the cannabis space by storm… before they IPO and explode in value in 2020. And one of them is my No. 1 wealth-building opportunity of the year.
Already, this company is drawing huge interest from heavy hitters. Global corporations are even trying to acquire it before it goes public. But you have a chance to be in on this pre-IPO, alongside a billionaire VC, before it lists on the Nasdaq.
Now, there’s limited space in this billionaire’s pre-IPO deal. And it closes forever at the end of the month. So don’t delay. Learn how you can get in on this deal for as little as $250 now…