Nov 18, 2012

Marijuana Vending Machine Maker’s Stock Skyrockets and Everybody Freaks Out

Written by : Tom George| 0 |

 

 

Based on this month’s election, the idea legalizing marijuana seems more popular than ever. Two states, Washington and Colorado, have legalized pot at the state level. With the legal marijuana market looking stronger than ever, there are companies looking to build around big-marijuana when commodity reaches critical mass.For now, most of those companies are waiting in the wings, but not medical supply distribution producer MedBox, which has been thrust into the spotlight. The company, which makes vending machines for hospitals, pharmacies, and “alternative medicine clinics,” has seen its stock price rise by 3,000 percent since the 2012 election. You’d think MedBox executives would be ecstatic, but in reality, the company is terrified of what will happen now that it’s suddenly become so popular on Wall Street.

via Marijuana Vending Machine Maker’s Stock Skyrockets and Everybody Freaks Out.

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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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