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Buying High: How to Get Rich on Pot Stocks

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Submitted by Marijuana News on Wed, 12/10/2014 - 10:21

Betting big on marijuana futures with the Wolf of Weed Street.

So there I was in Mexico, wintering away in the tiny, stray-dog surf town of Punta de Mita, bored out of my skull, not a single rideable wave predicted for the next week, my time mostly spent in mind-numbing internet excursions, when all of a sudden I wound up on Twitter, reading posts from a guy named the Wolf of Weed Street. It seems that the Wolf and his followers – 21,000 of them, known collectively as the Wolf Pack – have been making a fortune trading stocks tied to the marijuana industry. So far, more than 20 states have approved pot for medicinal purposes, with more on the way. Since last January, when Colorado opened itself up to recreational toking, pot stocks have been on a tear. By March, the Wolf himself had parlayed $22,000 into $640,000, trading...

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http://www.mensjournal.com/magazine/buying-high-how-to-get-rich-on-pot-stocks-20141021?page=2

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