marijuana

Marijuana Legalization: 3 Legit Angles to Profit From Pot

When talking about the groundbreaking pot legalization propositions that passed this month, news anchors can't seem to get through a sentence without giggling. But this is a serious issue, and presents investors with a serious chance to profit from the change in America's drug laws.

California Voters Reject Proposition to Legalize Pot

It looks like a ballot measure to legalize marijuana in California has failed. Proposition 19 would have made it legal for adults of drinking age to possess up to 1 ounce of pot, as well as to grow and smoke the drug in private, and would have authorized local governments to tax its sale.

Will California Light Up a National Pot Industry?

Many will be watching to see if the state's voters say yes to Proposition 19, the controversial ballot measure that would legalize marijuana in California. Advocates say the measure would be a moneymaker. Opponents see nothing but trouble ahead if Prop 19 passes.

People@Work: Hard Times Haven't Made Workers Any Smarter

If the recession and subsequent high employment proves anything, it's this: The scarcity of jobs hasn't made workers any smarter. Just-fired CNN anchor Rick Sanchez is a good example. Unfortunately, he's hardly the only one.

Higher Hurdles for Colorado's Medical Marijuana Entrepreneurs

Colorado is instituting tougher regulations for this booming industry. Dispensaries must now comply with rules regarding licensing, local zoning laws and criminal background checks for owners. They also have to grow at least 70% of the marijuana they sell. Stricter standards will push many out of business.

Why Marijuana Prices May Head Lower

Marijuana legalization proponents can see a day when the marijuana market looks like the alcohol industry. There would a range of quality among the products offered. And there would be taxes assessed -- perhaps even heavy taxes. The financial consequences of such developments would be huge.

Who Will Sell New Jersey's Legalized Pot?

New Jersey was the fourteenth state to legalize medical marijuana, but current governor Chris Christie is placing such harsh restrictions on the prospective business that some question whether the state will ever get its pot business off the ground.

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.

Legalized Pot: A Threat to California's Economy?

Could pot profits go up in smoke? That's what some growers and distributors say will happen if voters approve a measure to legalize marijuana in November. And a cannabis crash could further undermine a shaky California economy, industry insiders say.

White Collar Reset: Kidney for sale?

In my last installment, I entertained the notion of opening a medical marijuana store in the New York City suburb my wife and I call home. This week,...