USA. Wall Street prepares for serious financial investment in cannabis industry
Wall Street Analysts are forecasting a massive multi billion dollar opportunity awaits those investors prepared to risk an early investment in the USA's emerging cannabis industry. Already 18 states, plus Washington DC, legally allow the medical use of pot. Legal recreational use is already approved in Washington state and Colorado and numerous other states are now aiming to have legal weed in the coming years. Maryland could be the first of those in the summer.
Wall Street analysts claim that the situation with pot has marked similarities with the prohibition of alcohol in the USA in the 1920's and 30's. Back then many smart investors bought distilleries and warehouses at knock-down prices in anticipation of alcohol eventually becoming legal. Now investors are looking on the emerging gold-rush from pot legality.
The full story on the Wall Street Journal is worth reading http://www.express.co.uk/news/world/388178/Wall-Street-prepares-to-put-pots-of-cash-into-cannabis?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+daily-express-world-news+%28Daily+Express+%3A%3A+World+Feed%29