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| Related Quotes | |||
|---|---|---|---|
| Sym. | Price | Chg. | |
| CBIS | Trade News |
0.2239 | 0 |
| HEMP | Trade News |
0.261 | 0 |
| MJNA | Trade News |
0.3154 | 0 |
Feb 05, 2014 07:00:00 (ET)
MINNEAPOLIS, Feb. 5, 2014 /PRNewswire/ -- With the US House of Representatives voting to legalize the cultivation of hemp, the previous barriers against the use of marijuana for medical or recreational use seem to have come to an end across the US, investors therefore are flocking to stocks such as Medical Marijuana, Inc. (PINKSHEETS: MJNA), Cannabis Science, Inc. (OTCQB: CBIS) and Hemp, Inc. (PINKSHEETS: HEMP).
These companies are on the leading edge of this budding industry. Each one got a whiff of this opportunity and offer a set of unique services designed to capitalize on what could be the next multi-billion dollar market. The alcohol market is estimated to be 263 billion and the tobacco market is estimated to be 75 billion.
Several sources estimate that there are approximately 19 million marijuana smokers in the U.S. and this number continues to increase. With the continued acceptance medical and recreational use of marijuana this number is likely to continue to grow.
Some of the pundits and analysts have stated the fervor over cannabis stocks is temporary, but there are opposing opinions as well. See what the debate is all about and learn more about the potential that this market holds use this link: http://bit.ly/MarijuanaMarketAnalystReport
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(END) Dow Jones Newswires
February 05, 2014 07:00 ET (12:00 GMT)
