“The industry still has immense potential over the long-term as more states allow recreational and medicinal usage. Changing production laws in Canada have opened the door to large-scale operations and returns to efficient production could be extremely high. The opportunity in the ‘green rush’ has been accompanied by share prices surging as much as 4,500% for one company and triple-digits for most in the space. It is obvious now that shares were over-priced on revenue that is probably still a few years out. The field is getting more reasonably valued and some of the larger, more established companies might even be worth a look.”
http://www.thedailybell.com/market-commentary/35237/Should-Marijuana-Investors-Be-Afraid-of-the-SEC/
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