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Hemp Legalization Trend To Drive Tobacco Stocks

Submitted by Marijuana News on Thu, 03/19/2015 - 10:18
  • Tobacco stocks stand to benefit better than any other big business from the highest potential growth industry in America, that of hemp.
  • From production and packaging to marketing, Big Tobacco is already equipped to own and operate the promising and swiftly legalizing cannabis industry.
  • Hemp is the largest opportunity because hemp has historically been the lifeblood of the world economy, including America from its colonial days to 1937 and then during WW II.
  • Legislation filed in both houses of Congress would exclude hemp from the legal definition of marijuana.
  • PM is most in need of a strategy overhaul due to currency losses.

 

While tobacco stocks have relatively lofty valuations, they stand to benefit better than any other big business from the highest potential growth industry in America, that of hemp, cousin to marijuana, which...

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URL: 
http://seekingalpha.com/article/3013036-hemp-legalization-trend-to-drive-tobacco-stocks

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