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14 handpicked stocks

Vice Arbitrage

Get exposure to companies leading the transformation of once-prohibited activities into booming legal industries. These carefully selected stocks represent market leaders capitalizing on shifting regulations in sports betting, cannabis, and more, unlocking tremendous growth potential.

Author avatar

Han Tan | Market Analyst

Published on June 17

About This Group of Stocks

1

Our Expert Thinking

This collection represents a powerful investment opportunity in the legalization wave sweeping across previously prohibited industries. As social attitudes shift and regulations evolve, companies in sports betting, online gaming, and cannabis are positioned to capture enormous pent-up demand and convert gray market activities into legitimate, high-growth businesses.

2

What You Need to Know

These stocks offer exposure to a significant cultural and legal paradigm shift. Consider this a high-growth satellite holding for your portfolio. The primary catalyst is ongoing state-by-state legalization, continuously expanding the total addressable market for these companies and creating new revenue opportunities.

3

Why These Stocks

We've selected market leaders and disruptive innovators that are actively shaping newly regulated consumer activities. Our curation identifies companies with established positions to capture market share as legal frameworks evolve and social acceptance grows, giving you exposure to the most promising players in this transformative space.

Why You'll Want to Watch These Stocks

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Legalization Unlocks Billions

Each new state or country that legalizes these activities instantly creates massive new markets. These companies are positioned at the starting line of a race with enormous prize money.

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Gray to Green Transformation

Activities moving from prohibition to regulation tap into enormous existing demand. These companies aren't creating new markets—they're converting black market spending into legitimate, taxable, and investable business.

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The Next Wave Is Coming

The legalization trend is still in early stages. As more regions open up, these first-mover companies with established brands and infrastructure stand to benefit from each new expansion.

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