By Alan Brochstein, The 420 Investor
The green rush is here.
More than 20 states have approved marijuana use for medicinal purposes and Colorado and Washington are opening up the plant for recreational use. Marijuana companies rose more than 50 percent in 2013 and opened 2014 with a bang, rising almost 150 percent in just three weeks.
This list gives an overview of publicly traded marijuana stocks worth over 50 million, including hydroponic companies, vaporizer producers and research houses for medicinal purposes.
Medbox - Medbox (OTC: MDBX) rose from $23 to $93 in a matter of five trading sessions, with the peak on January 8. This is a great example of uninformed investors pouring their money into a hot name. The company makes automated dispensing solutions for medications, including marijuana. Medbox has the largest market capitalization of cannabis focused stocks, close to 1.2 billion. It also does not file with the SEC. Continue reading "14 Cannabis Stocks To Watch In 2014"