Creative Edge Nutrition Inc (FITX)

[streak1977]

The only recent publicity I've seen for FITX...

Capitalizing On Cannabis: Mountains Of Money Amassing For Marijuana Investment
Jan 26 2014, 14:59 | by Alan Brochstein | includes: CANN, FITX, MNTR, PHOT, TRTC, FULL
(Editors' Note: This article covers stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)

The cannabis sector is off to a great start in 2014. I will provide my typical monthly review next week, but I wanted to address a key issue separately. While ending prohibition, which Colorado has done and which Washington is currently implementing, is an obvious first step, it takes a lot more than legal change: It takes capital. The mainstream media is certainly picking up on this, with Time Magazine recently discussing it in a feature story.

The industry is in transformation, with production shifting from the black market to the for-profit sector. As I will describe, this is creating opportunities, though perhaps more for private investors than public investors. Still, as I detail, some publicly-traded cannabis stocks appear to be poised to capitalize on these changes.