There is now close to 260 companies that have changed their business model to try and catch the magic of the MMJ sector.
In January 2013 there were 10 or so MMJ companies.
11 weed tickers have been suspended - the SEC and FINRA have issued warnings about marijuana stocks.
The Canadian Securities Administrators have issued a warning about medical marijuana stocks. This is their first warning since 2001!
That includes the time when everyone was converting into a gold mining company.
I have looked at many of the weed companies and there are only a couple that might have a chance at being a real company.
One problem is that with all good intentions the insiders see it is much easier to make a great deal of money selling shares as opposed to building a real business.
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