Tag Archives: big tobacco

Will Big Business invest in legal marijuana?

Marijuana

Marijuana

A recent Pew Research Center survey found that more than half of Americans now favor legalizing marijuana.

The survey, coupled with the growing number of states that have passed laws legalizing recreational and medical use of pot, helps explain why there’s increasing talk of big tobacco and big pharmaceutical companies investing in the marijuana industry.

Marijuana is still illegal at the federal level, but if Big Business takes an interest who knows what could happen.

The Wall Street Cheat Sheet offers an interesting analysis of Big Business and marijuana investment: Is a Cash High Coming for the Marijuana Industry

Would you buy stock in a pot company?

Click here for the Pew survey.