Marijuana shares cloud the minds of investors

Since some American states started to legalize marijuana last year, many gamblers are very keen on cannabis shares. After the initial euphoria ended, the green gold rush seems to have regained some of its popularity in the stock market.  

Marijuana is a controversial issue, but it is now legal, with restrictions, in Alaska, Colorado, Oregon, Washington and in the District of Columbia. In 23 states the medical use of marijuana is allowed.

Other states are debating intensely the partial opening of the market and, according to polls, a majority of the U.S. population is now in favor of decriminalizing cannabis.  

There are also some initiatives worldwide that are trying to promote the legalization of marijuana. The Global Marijuana March, which is carried out every year in early May in many world cities, is one example. 

It not known to the author how many Caymanians would be in favor of...

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URL: 
http://www.compasscayman.com/journal/2015/06/03/Marijuana-shares-cloud-the-minds-of-investors/