Marijuana Stocks to Invest in!
Many believe that cannabis or marijuana should be legalized and grown in
America. Recently, our country has reached historic milestones, when the Judiciary
Committee constructed a meeting on their first ever hearing regarding the legalization of
Marijuana on September 10th of this year. Citizens across the country believe that for
the government to even consider legalization is a HUGE step in the right direction, and
believe that by doing this, there will be positive benefits economically.
! Economists, reformists, and the government estimated the medical marijuana
and cannabis market at a staggering $10 billion to over $120 billion a year. If
legalization was to occur, those numbers would sky rocket, pushing the tobacco market
and other substitute products way down.
! Currently, 20 states are under the act of legal medical marijuana, but only a
select few legalized marijuana for personal use. Colorado recently legalized marijuana
for non-medical use and so did Washington, yet there is laws restricting of how much
one can carry and grow. Many agree that a domino effect could occur, triggering other
states to follow in their foot steps.
! A huge benefit for the government to the legalization of marijuana would be
taxation. Cutting down the DEA (Drug Enforcement Agency) would occur, saving billions
of dollars for the government and less drug trafficking and violence would happen
because of the lack of demand in the states.
! A study has been recently made that the average price of 0.5 grams of marijuana
sold for $8.60, with a production cost of $1.70, leaving a total cost of $6.90 a gram. The
cannabis bubble is stretching by the day and is ready to pop, releasing opportunity and
profit. Marijuana stocks are alive and thriving, to which many analyzes say that an
investment in should be immediate and that the upward trend is inevitable. Here are
some stocks that may catch your interest:
! Cannabis Science, Inc. (CBIS)- Cannabis Science is located in Colorado Springs
where they develop, produce, and commercialize phytocannabinoid-based
pharmaceuticals. They have a large presents within the California medical marijuana
market. Cannabis Science has a large market cap of $32 Million with 710.40 Million
! Growlife, Inc. (PHOT)- Growlife distributes mini-hyfroponic greenhouses such as
mineral nutrient solutions, horticultural seeds, and growing mediums and germination
kits. PHOT has a strong position of $33.2 Million with 620 Million shares outstanding.
! Terra Tech Corp. (TRTC)- Terra Tech Corp. specializes in growing indoor
technologies. Their product can be marketed to farmers, green house growers, and
horticulture enthusiasts. TRTC is located in Irvine, California and has a market capital of
$6.7 Million with an outstanding share count of 82 Million.
! MediSwipe, Inc. (MWIP)- MediSwipe Inc. provides transaction processing and
security solutions for the medical marijuana market. MWIP has a card-based technology
that allows merchants to process a payment via traditional card-present, or swipe,
transactions, and card-not-present transactions. MediSwipe racks in a $17.6 Million
market capital and has 445.5 Million shares outstanding. MediSwipe is located in
! Cannabis is the most frequently used illegal drug in the United States of America.
Nearly 69 million people, in America, over the age of 12 have tried Marijuana at least
once. Less than 50 percent of teenagers try marijuana one or more times before
Max Levin—–Cannabis and Marijuana Stocks—TheStreet.com/Mainstreet.com/YahooFinance?.
graduating high school. Besides the negative effects to the human body, Americans still
do it, creating a huge market to break into, of course once it is legalized. Breaking into
the market has to be done before it is legalized due to the larger profit margin that could
! There is a strong trend throughout the markets of Marijuana/Cannabis based
stocks and securities. Analysts concluded that the next large legal “fad” will be of this
substance. If ever legalized, the market of Marijuana will go through the roof.