- Breakingnews   Jan 03, 2014 at 02:32: PM
Breakingnews
Well-Known Member
Marijuana Stocks Hit Record Highs
Stocks of companies involved in the marijuana industry -- medical or otherwise -- hit fresh highs Thursday after Colorado launched the first legal US sale of recreational pot.
Investors took the huge lines outside pot retailers in Colorado as a harbinger of potential growth in the still-new industry.
With one study predicting a $10 billion a year industry by 2018, hopes are that the legalization of private cannabis use could eventually divert the fortunes reaped by illicit growers and traffickers to shareholders.
http://www.huffingtonpost.com/2014/01/03/marijuana-stocks-record-highs_n_4533164.html
The best is yet to come . . . Follow the money.
Stocks of companies involved in the marijuana industry -- medical or otherwise -- hit fresh highs Thursday after Colorado launched the first legal US sale of recreational pot.
Investors took the huge lines outside pot retailers in Colorado as a harbinger of potential growth in the still-new industry.
With one study predicting a $10 billion a year industry by 2018, hopes are that the legalization of private cannabis use could eventually divert the fortunes reaped by illicit growers and traffickers to shareholders.
http://www.huffingtonpost.com/2014/01/03/marijuana-stocks-record-highs_n_4533164.html
The best is yet to come . . . Follow the money.