Thursday, February 20, 2014

California group shelves initiative for Marijuana Legalization. (INVESTING, POLITICS)

http://www.mercurynews.com/california/ci_25174969/major-marijuana-legalization-measure-off-table-2014

This leaves Alaska as the most likely candidate to legalize the stuff in 2014.  No specifics were given (nor could I find any) as to why the idea was put on hold.  However, this caused waves with the industry-related equities, as most of the major stocks are down.


It is the author's personal opinion that the stocks will go down further, for a few days at minimum.

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