How You Can Make a Bundle by Investing in Marijuana
The business of marijuana is on fire.
The business of marijuana is on fire.
It's a $50 billion dollar black market business, according to Hadley Ford, CEO of iAnthus Capital Management, a company that provides funding for cannabis cultivators. The company is publicly traded on the over the counter markets and since its debut in September 2016, shares are up some 75%.
"There's no financing available for people in the market," he said, adding that 28 states have legalized medical marijuana, while eight states have legalized recreational marijuana.
Trending on TheStreet:
- Market Recon: If You Are Scared, Don't Show It
- Cramer: These Three Chip Stocks Are Off The Charts
- Shark Tank Star Kevin O'Leary on Why Tesla Shares Are Headed for an Epic Crash
- Why You Should Put IBM's Stock in the Garbage Can and Then Light It on Fire









