Posted On: 04/22/2015 10:46:35 AM
Post# of 75357
Hitting the real news..
"A shakeout is coming
"There's going to be a shakeout in the public companies," predicted Scott Greiper, president of Viridian Capital and Research, a New York firm that services the marijuana sector, including its stock index. "It comes down to who's investing my money and running the company. The most important challenge for this industry is the emergence of professional, seasoned executives, operators and board members running both public and private companies."
Investors worried about putting their money into public companies that legally grow and sell pot might feel safer dealing with the industry's many ancillary businesses, including consulting, biotech, real estate and software companies. These include CannaGrow Holdings (CGRW), in Centennial, Colorado, which provides services to licensed pot growers in the state; and Totally Hemp Crazy (THCZ), a Dallas-based maker of hemp-infused beverages that recently signed a distribution agreement with a Dr Pepper bottler in Oklahoma."
http://www.cnbc.com/id/102606479
"A shakeout is coming
"There's going to be a shakeout in the public companies," predicted Scott Greiper, president of Viridian Capital and Research, a New York firm that services the marijuana sector, including its stock index. "It comes down to who's investing my money and running the company. The most important challenge for this industry is the emergence of professional, seasoned executives, operators and board members running both public and private companies."
Investors worried about putting their money into public companies that legally grow and sell pot might feel safer dealing with the industry's many ancillary businesses, including consulting, biotech, real estate and software companies. These include CannaGrow Holdings (CGRW), in Centennial, Colorado, which provides services to licensed pot growers in the state; and Totally Hemp Crazy (THCZ), a Dallas-based maker of hemp-infused beverages that recently signed a distribution agreement with a Dr Pepper bottler in Oklahoma."
http://www.cnbc.com/id/102606479
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