Pot-Investment Stock 9,500% Gain in Peril as Trades Canceled yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Investing Daily Printable PDF
Marijuana Investing Daily is your guide to understanding and profiting from broad trends that are driving the marijuana industry. I provide context and interpretive analysis.
Accordingly, I’m not necessarily recommending that you buy the stocks I’m about to mention in this article. However, I cite them as indicative of a trend that’s sweeping the marijuana sector, namely consolidation via mergers and acquisitions (M&As).
As the following events demonstrate, a shrewd strategy is to pinpoint companies likely to embark in M&A activity and invest in them before the news becomes official, to profit from their future momentum. Remember this time-tested Wall Street adage: Buy on the rumor, sell on the news.
Pot-investment firm Nabis 9,500% rally in peril as trades canceled bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Investing Daily Printable PDF
Meet Harry J. Anslinger, the first commissioner of the U.S. Treasury Department’s Federal Bureau of Narcotics. Anslinger served during the presidencies of Hoover, Roosevelt, Truman, Eisenhower, and Kennedy.
For decades, Anslinger wielded unchallenged power over the nation’s drug policies. He led the fight against marijuana and was instrumental in getting pot banned by the federal government.
Anslinger once said: “Marijuana is the most violence-causing drug in the history of mankind.” He also said: “Reefer makes darkies think they’re as good as white men.”
So, yes, in the context of history, legalizing marijuana in America is a very big deal. On Monday, we got another step closer to that momentous goal. Marijuana investors are euphoric, with good reason.