Investing.com – Marijuana-based stocks hold high hopes after a number of states legalized its use in November 8 elections.
Drug approved by California, Nevada, Mass. for recreational use, other states for medical purposes.
Some surveys indicate over seven million daily users in U.S.; total market 50 million users.
Investors will need to weed out sector for potential winners and losers.
Current listed players include Vancouver-based Abattis Bioceuticals (OTC:ATTBF), Cannabis Sativa (OTC:CBDS), Mentor Capital(OTC:MNTR).
But could tobacco firms prospects' pale or will they roll up to get into pot.