Natural Resources Expert Matt Badiali Shares His Views On Canada’s Marijuana Industry
Matt Badiali grew up with a strong interest in science. When he graduated from high school he enrolled at Penn State University and earned a B.S. in geology. He is also a graduate of Florida Atlantic University where he earned his M.S. in earth sciences. He started to study for a Ph.D. when one of his friends guided him into the financial sector in 2004.
He had grown up in a household where his parents had difficulties figuring out how to manage their investments. Matt Badiali decided that helping average investors like his parents would be a great career path to take. He now rights about natural resource investing in a way that is accessible to average investors who don’t have the geology background that he does. By following his investment advice his readers have double or even tripled their investments.
He now writes Real Wealth Strategist for Banyan Hill Publishing. Matt Badiali says that he follows the natural resources industry on a daily basis. His workday starts at about 8:00 each morning and he spends the first three or four hours writing. He can usually put together two or three pages of Real Wealth Strategist each day. He reserves the afternoon for talking on the phone, returning emails, and scheduling meetings such as with the chief executive officers of gold mining companies.
Marijuana is a natural resource and so the industry that cultivates and grows it is one that Matt Badiali covers. In an article, he pointed out that Oklahoma recently became the 30th state that allows people to use marijuana in some capacity. The trend is for more states to legalize it as well as other countries. This bodes very well for Canadian marijuana companies and their future revenues and profits.
As of 2017, the legal marijuana industry was generating sales of $6 billion in just the United States. He sees explosive growth occurring and an upcoming investing boom. He compared the Canadian marijuana industry to America’s Silicon Valley in favorable terms. However, he says there are risks to be aware of for investors as there are now a lot of companies in this industry and some are bound to fail.
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