Governor Crudge R. Muggen, New Jersey

Governor Crudge R. Muggen, New Jersey

Interesting bounce for Marijuana related companies, but from a laymen’s perspective it appears the tapering trend to just above 3b is not to shabby for a industry in its infancy.  The unknown is what happens if a troll comes out from under a bridge and gets elected.

More than two years after Colorado and Washington became the first states to legalize recreational marijuana, a small but growing number of publicly traded companies are betting their futures on the hope of a thriving legal market for pot-based products. Bloomberg Intelligence identified 55 public companies whose business is based largely or completely on legal marijuana, and whose shares traded at $0.10 or more as of April 15th.

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