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15 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.

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Author avatar

Han Tan | Market Analyst

Updated 1 day ago | Published at juin 17

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

DKNG

DraftKings

DKNG

Current price

$45.71

As a leader in digital sports entertainment and gaming, the company is a primary beneficiary of the expanding legalization of online sports betting ac...

As a leader in digital sports entertainment and gaming, the company is a primary beneficiary of the expanding legalization of online sports betting across the United States.

TLRY

Tilray Brands, Inc

TLRY

Current price

$1.14

This company is a major global player in cannabis production, research, and distribution, positioning it to capitalize on increasing worldwide legaliz...

This company is a major global player in cannabis production, research, and distribution, positioning it to capitalize on increasing worldwide legalization.

MO

Altria Group Inc.

MO

Current price

$65.99

A legacy tobacco company, it is actively investing in smoke-free alternatives and has strategic investments in the cannabis sector.

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.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+116.73%

Group Performance Snapshot

116.73%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 116.73% over the next year.

11 of 14

Stocks Rated Buy by Analysts

11 of 14 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🔓

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.

📈

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.

🌐

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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