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Pot stocks light up the market
CNN Money ^ | January 7, 2014 | Ben Rooney

Posted on 01/07/2014 5:32:29 PM PST by QT3.14

The business of legal marijuana is booming in Colorado -- and investors are catching a contact high.

Yes, there are pot stocks. Nearly all of them are thinly traded penny stocks available only on over-the-counter exchanges, but shares of companies that service the growing cannabis market have been blazing in recent weeks. Medbox (MDBX) is the latest example. The company provides products and services for businesses that dispense medication, such as pharmacies. It announced plans Tuesday to tailor its products for use in recreational and medical marijuana facilities. Shares soared 65%. (Medbox, for the record, is not a penny stock. Shares trade for about $66 and the company is valued at nearly $1 billion.)

(Excerpt) Read more at money.cnn.com ...


TOPICS: Culture/Society; Government; News/Current Events
KEYWORDS: co; drugs; investing; legalmarijuana; marijuana; pot; stockmarket
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To: greene66

What do you think of alcohol? Do you drink it?

Answer and stay away from the pot issue.


21 posted on 01/07/2014 7:40:08 PM PST by FreedomStar3028 (Evil must be punished.)
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To: FreedomStar3028

I have never taken even a single sip of alcohol in my life. Even as a teenager, I always looked upon taking mind-altering substances as a sign of weakness. Something I still pretty much adhere to.


22 posted on 01/07/2014 7:47:19 PM PST by greene66
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To: greene66

So, do you view people that drink as “dopers”, a sign of the moral and cultural decline of America?


23 posted on 01/07/2014 7:57:34 PM PST by FreedomStar3028 (Evil must be punished.)
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To: FreedomStar3028

I do not particularly respect people who drink to get intoxicated or “high.” But the whole booze versus dope dichotomy is relatively quite immaterial to me. The big thing is having a government now endorsing and promoting the use of more mind-altering substances (with the tax revenue, it WILL be promoting in society, no matter how subtle at first). Government as dope-peddler, cultivating a compliant voter-base of passive serfs.

Same government that is now regarding perverted homo couplings as the same equivalent of husband-and-wife. America, which was once the pinnacle of greatness and an unequivocal force for good in the word, is not just declining, but becoming a truly evil entity. This descent into dope is just another part of that.


24 posted on 01/07/2014 8:15:32 PM PST by greene66
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To: FreedomStar3028
You know, it can be strongly debated that alcohol is a much more dangerous and addictive drug.

Demonizing alcohol and tobacco won't make the lives of potheads any better or safer from government control.

25 posted on 01/08/2014 5:23:10 AM PST by a fool in paradise ("Health care is too important to be left to the government.")
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To: QT3.14
It was short lived. Price right now:

MDBX $59.23 -$14.67 -19.85% 1,101,431 shares.

26 posted on 01/08/2014 9:11:47 AM PST by Robert DeLong (u)
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