Legalization of marijuana and prospects for investment.
Whenever laws are passed, huge opportunity is created. In 1933, liquor prohibition was lifted in USA. This created a huge opportunity for gains for people who were alert and saw it coming. A similar trend is happening in the legalization of marijuana. Several states have allowed partial legalization for medical purposes and a few for recreational use. Where do you invest?
There are seven avenues: growers, dispensaries, packaging and merchandising, pharma developers, nutrient, real estate, and ETF. There are opportunities to reap windfall gains. However, there are risks, too. A few would do well and deliver stellar returns. The purpose of this book is to provide general information. This is not investment advice.