Alternative Investing 2011 - Cannabis Investment
source: http://www.cnbc.com/id/45566657
-
-
- Vierotchka
- added this
If you thought cannabis investment was only a teenage pastime, think again. Hemp and medicinal cannabis are both tried and tested money-making industries, and both are moving at a fast pace. For those on the lookout for unusual investment opportunities—particularly in construction and pharmaceuticals—this could be a growing market.
Although industrial hemp contains less than 1 percent of the psychoactive component THC, in the United States the stigma attached to its hallucinogenic elements have hindered its development.
Production there ended in 1957 after prohibitive laws were passed, but while US legislators continue to debate the issue, 30 countries around the globe are cultivating the crop, including China and Australia.
(more at link)
Although industrial hemp contains less than 1 percent of the psychoactive component THC, in the United States the stigma attached to its hallucinogenic elements have hindered its development.
Production there ended in 1957 after prohibitive laws were passed, but while US legislators continue to debate the issue, 30 countries around the globe are cultivating the crop, including China and Australia.
(more at link)
-
- groups:
- Community
-
- tags:
- Finance, Cannabis, Hemp, Investment, 2 more
-
- recommended by:
- Vierotchka
