PHG

A Pot Portfolio: Who Stands to Profit if Marijuana Is Legalized?

When the state of California announced that a marijuana legalization measure would be on its November ballot, the ensuing discussion covered a range of topics from medicine to morality. But few pundits brought up the biggest factor of them all: money. With a potential market of millions of pot smokers, decriminalization of marijuana could open the door to a vast, largely-untapped market for smoking paraphernalia, accessories, and other lifestyle accoutrements.