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Cannabis Investment: Ex Barclays Banker Spending Big in California

Submitted by Marijuana News on Tue, 08/30/2016 - 08:45

The cannabis sector seems to be attracting many brilliant minds. According to reports, former Barclay’s banker Roger Jenkins is making significant investments in marijuana projects. The cannabis investment by Jenkins, who is now residing in California, goes against the normal antipathy of banks and bankers in getting involved with marijuana industry projects.

Jenkins cannabis investment is part of a group of investors who had recently acquired land in California for expanding the marijuana-related business.

California is gearing up for cannabis vote in November and aims to legalize the adult recreational use of cannabis. The Jenkins group is apparently trying to get a lead on the green rush by taking up valuable land now.

According to High Finance Report, the ex-banker seems to know the emerging commercial potential of weed and the returns that will come from cannabis. Jenkins seems to be reposing full faith in cannabis with his hard...

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