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Canada. Stock market investors look to emerging cannabis companies for fast growth

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stock market investors look to cannabis companies for get rich quick investments

Canada.  Growing stock-market interest in cannabis-related industries is causing investors to think long and hard.  Laws in North America are becoming more and more weed-friendly and some investors have realised that this means there will be some small companies destined to become very big ones. 

The excitement surrounding the industry is visible: When a Wall Street Journal article discussing Medbox Inc., which offers medical-marijuana licence consulting and secure dispensing machines, was published last week, the company’s stock, which trades over the counter, shot from $4 (U.S.) to more than $200. Shares quickly fell down to $20 – its founders issued a press release to temper investor expectations after its market cap grew to more than a $1-billion.

 

Full story is here. https://www.theglobeandmail.com/globe-investor/investment-ideas/article5455351.ece

November 20th 2012
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Dutch Passion advise their customers to reassure themselves of local applicable laws and regulations before germination. Dutch Passion cannot be held responsible for the actions of those who act against laws and regulations that apply in their locality. Cannabis seeds should be kept as collectible souvenirs by anyone in an area where cultivation of cannabis is not legal.