Here’s where the big money in marijuana stocks will be made, says vitaliyk
What’s your view on marijuana stocks? My investment-management firm has a great front-row view of the marijuana industry, as Colorado was one of the earlier U.S. states to legalize marijuana. Here’s our opinion: Making money on marijuana and hemp will be extremely difficult — except perhaps in one specific area.
If indeed there are medical benefits from pot or hemp extracts, pharmaceutical companies, which have plenty of experience in conducting clinical trials, marketing, and bringing medicine to consumers, will be the ones to profit. The medical marijuana space right now looks just like dot-coms in the late 1990s: a few companies will succeed, but they’ll only be obvious with the benefit of hindsight.
Today recreational marijuana is legal in 10 states and medical use is legal in 23 states. Legalization for medical use has historically been the first baby step to full legalization. In a few years it’s likely that more than two-thirds of the states will have legalized marijuana.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Rick Ross Talks About Money Like It's An Edible Delicacy On 'Big Tyme'.RickRoss relishes in the luxe life with THEREALSWIZZZ in BigTyme 🔥
Leer más »
Here's What to Expect From Scooter Braun's Purchase of Big Machine Label GroupAs Big Machine Label Group begins its next chapter as part of Scooter Braun’s Ithaca Holdings, leading Nashville music executives expect it to be business as usual.
Leer más »
Here's Why Meghan Markle Always Wears Shoes That Are Too Big for HerA fashion expert explains why Meghan Markle is frequently photographed in shoes that appear to be a size or two too big for her. Apparently, it's to guard against blisters from wearing heels so much.
Leer más »
Stocks making the biggest moves premarket: Tesla, Merck, Symantec, Canopy Growth & moreThese are the stocks posting the largest moves in the premarket.
Leer más »
Selling Swift: What's Next for Big Machine's Taylor-Made Catalog and Possible Greatest Hits?
Leer más »
Stocks making the biggest moves midday: Revolve, Anheuser-Busch, Nordstrom and moreThese are the stocks posting the largest moves in midday trading.
Leer más »