Skip to main content
Publish date:

Ask Jim: Is Brinks a Buy Thanks to Cannabis?

Should investors take a look at Brinks?

In August, Jim Cramer sat down with Brinks (BCO) - Get Brink's Company Report CEO Douglas Pertz. The two discussed the legalization of cannabis, which went into effect on Oct. 17. 

The company can gain from the cannabis industry due to the fact that-- where marijuana is legal in the U.S.--consumers can only purchase the products with cash. As an armored transport company, Brinks is obviously necessary in transporting that cash. 

So, on a country-wide level, Brinks can see how the business booms when cannabis is fully legalized. 

TheStreet Recommends

In an email, Karen asked whether or not the legalization of cannabis makes Brinks a buying opportunity. 

Watch to see what Cramer has to say.

Ask Jim

Curious about the market? Tweet at @KatherineRooss or email with questions.

Submitted questions will be asked in the Ask Jim segment during the Facebook Live broadcast, which happens every weekday morning at 10 a.m. ET.