3 years ago
robertr
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Investors Flock to Legal Cannabis
Medical marijuana is now legal in 20 states, and legislation is pending in 13 others. It's become a $1.5-billion-a-year industry, and it's expected to triple in just a few years. With legal cannabis one of the world's fastest growing market sectors, investors are seeing green. Everyone from mom-and-pop operations to venture capitalists are rushing to get in on the ground floor, Bruce Barcott tells NPR's Rachel Martin. Barcott is a journalist who covers the cannabis industry in Washington and Colorado, the two states that have legalized recreational marijuana.
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5 comments
This is a genius move for any investor. Risky, yes, but the rewards could be amazing
3 years ago·Reply
What about the high risk? The next president could end all of this?
3 years ago·Reply
You think? I think the next president will be hillary though
3 years ago·Reply
I agree, but if you're a risk averse investor you probably don't
3 years ago·Reply
@joebiden I agree with @curtis, the risk/reward isn't where I would like it to be. In time this could be a great investment though!
3 years ago·Reply