$Rig's Platinum Penny Alerts

[uncommoncents]

good news!!.. Beer sales Unaffected

Beer Sales remain unaffected by the legalization of marijuana in Colorado and Washington. Contrary to previous a belief that the legalization of marijuana would damper beer sales, the drug has not proven to be a substitute for beer. Medical marijuana has helped beer sales according to Sanford C. Bernstein analyst; Trevor Stirling says, “The average blue-collar Bud drinker is less likely to be smoking pot. As far as medical marijuana is concerned, it does not appear to be a big threat to the beer industry.” The states that have legalized marijuana in some form have also experienced the highest rates of craft beer production.

This is important news because it shows that beer and marijuana can in fact coexist in an economy where marijuana is legal. Hopefully news such as this will continue to stem from states that have legalized marijuana, possibly slowing the millions of dollars the beer industry spends to keep marijuana illegal.

http://marijuanastocks.com/marijuana-news-update-mattmccall/#