2019年2月4日星期一

Two weed companies going "all in" on medical marijuana

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Market Move

These triple-digit winners are moving into entirely new, high-profit marijuana sectors...

Two of My Favorite Recreational Marijuana Companies Are "Going All In" on the $8 Billion Medical Cannabis Sector
By Michael A. Robinson, Defense and Tech Specialist, Money Morning

Recreational marijuana grabs plenty of headlines. And why shouldn't it? It's an industry that will soon be worth hundreds of billions, and let's face it, there's still an element of novelty and shock value there.

But make no mistake: Medical marijuana is a growing industry too, and it's a big one. Global Market Insights predicts the medical cannabis market in the United States alone will be worth more than $8 billion by 2024 - a figure that, in my view, is conservative.

Markets large and... not quite so large, like like Florida and Nebraska, are actively looking to expand their medical marijuana industries to serve more people, in more ways, and in more places.

And as these new laws are being proposed and passed - and the markets expand - we can expect to see some select cannabis stocks rally.

These companies sport leadership with an uncommon vision, who see the undeniable upside in serving both market segments - recreational and medical.

It's a win-win strategy for them - and a huge boost for investors' bottom lines... Full Story

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