News Categories
This Boston investor is rushing after marijuana gold
It was 2012, and Douglas Leighton wanted to pour some money into marijuana.
Leighton, the co-founder of a Boston-based hedge fund called Dutchess Capital, had done his homework. He saw public opinion shifting in favor of cannabis. Laws had already begun to follow, including the legalization of medical marijuana in Massachusetts.
And as the legal landscape changed, a $50 billion black market was about to emerge into the sunlight—marking a major investment opportunity.
Advertisement - Continue Reading Below
Plus, he admitted, he just enjoyed smoking pot.
“It’s what got me interested in it, definitely,” Leighton said.
Since 2012, recreational marijuana has become legal in Colorado, Washington, Oregon, Alaska, and Washington, D.C. Several other states—including Massachusetts—are likely to vote this fall. Medical marijuana, meanwhile, is now legal in 23 states.
The cascade of legal change has created an industry gold rush. And Leighton has emerged as an archetype of the capitalists...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel is the leading source for cannabis news from around the world. Get the latest updates on cannabis legalization, politics and technology, as well as developments in medical and recreational marijuana news. Our commitment is to bring you the most important cannabis news stories every day of the week.
At 420 Intel we understand that effective marijuana industry news coverage is a constant endeavor. Every day stories develop regarding cannabis legalization, technological developments, and the medicinal benefits of marijuana use. Each new development carries the potential to impact the marijuana industry regionally, nationally, and internationally. 420 Intel is the marijuana industry news outlet that will keep you up to date on these developments and how they impact the world around you.
With the marijuana industry constantly evolving, you need a cannabis news outlet to keep you abreast of the pertinent information. At 420 Intel, we cover marijuana legalization news throughout the world, offer reliable information for cannabis business owners, detail technological advances that impact the marijuana industry, cover marijuana rallies from across the globe, and everything in between.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
