A Cannabis Pro Tells Us Her Hopes for the Medical Marijuana Industry
Over the past 12 months, shares of the Horizons Marijuana Life Sciences ETF (OTC: HMLSF) have shot up over 100%. Meanwhile, pick-and-shovel play GrowGeneration (NASDAQ: GRWG) returned 1,370% to investors and Illinois-based pure-play stock, Green Thumb Industries (OTC: GTBIF), rode increased demand in its home state to over 300% gains in its share price. It doesn't take much research to figure out that cannabis is booming -- no matter the fact that the drug is not yet legal at the federal level.
In a period of rapid change, it's difficult to know exactly what's ahead for the industry and its players. Dr. Chanda Macias is a medical cannabis advocate, researcher, and dispensary owner. The cannabis pro joined Olivia Zitkus and Corinne Cardina on a March 19 episode of Fool Live to talk about the future of cannabis, investing strategies, and her highest hopes for the sector.
Source Fool.com
