This is definitely a new approach, but I really don't see how it would be viable long-term wise. I mean, it's a very different concept to what we've ever seen in stock market, and beforehand it would really not be very welcome by the masses... but who knows? I really hope I will be wrong, haha.
I agree that investing in marijuana stocks would be an excellent way to make money. Not just because of the recreational factor but there recently has been a large increase in the finding of the benefits for medical use. I live in Colorado and have seen first hand how amazing the tax money has been for education funding. If it is true that other states will follow suit and legalize it in more places for medical and hopefully for recreational use then it would be an amazing thing for the American economy! I wouldn't mind starting my own marijuana farm and dispensary!
Really? I'm not sure if it will be viable long term. The whole thing could easily come crashing down and any moment, just by a simple law change. Now, I don't see it happening for the next few years or so until more data is released, but it's a possibility.
No. I wouldn't enter into being equally yoked with pharmaceutical companies by investing my money with these billion-dollars money-making global drug markets-- at the expense of the sick and the addicts. I have never been in such financial bondage. So, why start now?
Marijuana has too much momentum behind it for the feds to step in now and try to halt it. It just won't happen unless we elect a crazy like Trump into office. And if you're concerned about the sick and addicts, hopefully you're avoiding alcohol, gambling, and tobacco investments in addition to pharmas and Marijuana.
I think this is a wonderful option for investment, especially considering all the good works that taxes from this business are going towards in states where it has been decriminalized (e.g. education in Colorado). I would invest in it myself if I had the sufficient funds within my budget to do so; I think that in the midst of this liberal political environment, further decriminalization is certainly a viable option. Let me know if you actually decide to do this; I might have to jump on the bandwagon myself.
I agree with the risk involved. So it is immaterial whether the product is a new one like marijuana or a traditional one like food items. For now, there are legal barriers for marijuana aside from the so called anti groups that would protest at the drop of a hat. That's why I'm wondering why medical marijuana got a legal status in some states, it seemed that the antis did not put up a fight. But anyway, when marijuana becomes fully legal, I guess there will be a glut in the market.
I guess owning a legal medical dispensary would be better than risking your entire capital on the theory that marijuana will be legalised
It looks like it is only a matter of time before some form of marijuana is made legal across the majority of states and other countries around the world. More likely to be synthetic marijuana which can be controlled rather than the lottery of different strengths, etc.
