Five Marijuana Stocks to Play Prop 19

Filed in euro, Gold, Gold Discovery, GOld juniors, lead, miners, New Gold, silver, ubs by on October 29, 2010 1 Comment

Next Tuesday, California will vote on Proposition 19. This measure legalizes various cannabis-related activities, which include permitting the cultivation, sale, consumption, and taxation of the commodity. If legalized, the new cannabis market will present significant investment opportunities from an industry estimated to be worth over $150 billion . The hype around Proposition 19 alone may even cause several cannabis-related stocks — that you can buy right now — to jump ahead of the vote. And in just one minute, I’ll give you the top five marijuana stocks that could soar if Prop 19 is passed. Bur first, let me give you a better idea of just how much money investors stand to make from this legislation, and what kinds of investments are available. Marijuana: The most profitable commodity on the planet The production and sale of cannabis offers investors the potential to return major league gains. Truth is, the profit margins are through the roof. To produce one pound of hydroponically grown cannabis costs between $100 and $200 per pound. You can sell that same pound of cannabis for anywhere from $7,000 to $10,000 per pound to the retail market, depending on quality. That’s a minimum 3,400% gain ! (To get the same investment gain from the Dow Jones, you would have had to invest in …

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Five Marijuana Stocks to Play Prop 19

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  1. Great post! Gold is a good investment right now but Forex Trading has become the buzz word after the recent crash in the stock markets. Learn Forex Trading it’s not difficult.

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