Marijuana Stocks: The 411 on Investing in ’420′

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Marijuana enthusiasts around the world are celebrating 4/20,  a code-term that refers to cannabis consumption, and one’s ‘membership’ in the cannabis sub-culture.  4:20 is actually the time of day a group called the “Waldos” would meet outside of a California school in 1971, to go in search of a cannabis field they learned about. The Waldo’s never found the field.   An article in theHigh Times magazine, however, and a little attention from the band the Grateful Dead sent the term viral.

Some marijuana stocks have gone ‘viral’ on Wall Street as well.   Novus Acquisition and Development, (stock symbol: NDEV), provides health insurance and medical plans for Hemp patients.  It’s stock, which trades in the lightly regulated over-the-counter market like many marijuana companies, was up  1,133% in in 2014. Cannabis Sativa, a biotechnology company that is in engaged in research and development was up 820% last year, and...

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