Looking at the marijuana industry for long term investment. Your thoughts?

Marijuana is legal in WA where I live and it is very popular. Since it was legalized it is everywhere around here so any stock investment should grow.

 

Don't invest in marijuana stock.

 

Mr. Robinson, you make a good point. I still wouldn't be surprised if you see other countries legalize marijuana also. I think most countries are waiting to the results in America. This would give it export potential at a later date.

 

It still is not legal in the federal sense, but some states are now honoring it. Since federal trumps state law, then it really depends on what the federal law thinks of it I guess. I am interested to see what happens after June when they start to open Marijuana shops here in WA. So far I think the feds have kept their noses out of it, but I will be interested to see what happens.

 

You make some great points Thejamal. I also never would have thought about investing in the equipment. That is really interesting. Even if the industry slows down, I think the equipment will continue to rise. Equipment would probably be your best from a long-term perspective.

 

I agree, before clear legislation comes out it's soon to say, even so it has a booming potential, it can be huge.

 

Shares depend on the profit of a company, if marijuna is going well then step ahead and invest