The Green Rush: Pot Stocks to Watch

The anticipation of the green rush, or the boon Proposition 19 would have on marijuana stocks, has been steadily building over the past year as support for the initiative has grown. From an investor’s standpoint legalized marijuana has the potential to yield enormous profits, making getting in early an attractive and potentially highly lucrative risk to take pre-election. Now that Nov. 2 has finally arrived and the fate of the year’s favorite initiative will be decided, those investors will know if the green rush has arrived or if it’s all just gone to pot.

In the event that Prop 19 does go through, investors who have chosen to delay their investments until after the vote is in should move quickly as sites like www.marijuanastocks.com have been reporting traffic increases of as much as 400 percent.

Here’s a quick roundup of the stocks that have been on the up and up since the introduction of Prop 19.

General CANNABIS (LLUX)
General CANNABIS is an investment company, formerly involved with the sale of cosmetics on Makeup.com before acquiring U.S. Cannabis Inc. which manages medical marijuana facilities. They are taking a multi-pronged approach to the marijuana industry which has led them to acquire weedmaps.com, the marijuana equivalent of YELP. They are also looking to begin an internet and media division to help dispensaries advertise and developing a plan to launch 80 highly advanced growing centers. LLUX has improved 20600% since the introduction of Prop 19.

GreenGro Technologies (GRNH)
A management services operation specializing in financing, structuring and staffing medical marijuana dispensaries. Since April they have also been involved with cultivation of cannabis intended for medical use with three local dispensaries. The stock has gone up 124.4 % since Prop 19.

Marijuana Incorporated (PCIO)
A producer and distributor of HEMP clothing, currently working toward a marijuana themed resort. The company’s stock has risen 4300 % since Prop 19 gained prevalence.


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