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Wall Street investors see budding opportunity in U.S. cannabis – Marijuana News

Wall Street investors are deciding it's time to just say yes to marijuana as legalization of cannabis in more U.S. states has them smelling money-making opportunities.

Hundreds of East Coast investors, dressed in business suits and ties, gathered in New York on Wednesday to learn more about the cannabis industry, a business rooted in tie-dye hippie days and currently centered on the West Coast.

The investment information conference organized by cannabis analysts Viridian Capital Advisors focused on pot markets and took place just days after New York opened its first medical marijuana dispensaries.

With the opening, the state joins 22 others in giving cancer and other seriously ill patients access to cannabis to ease their symptoms.

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Laila Kearney ~ Reuters ~


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