Capitalizing on Cannabis: Really High Returns
Despite concerns of an overheated market after the 328% rise in the Marketfy 420 Investor Cannabis Stock Index in January, the index added another 18% in February, closing at 805.18, up 405% YTD.
The index, which was rebalanced at year-end and has 20 equally-weighted members, was based on 8 companies in 2013 and is now up over 700% since the end of 2012.
Taking a look at not only the 20 components of the index but a broader universe paints a similar picture:
Source: http://ab.typepad.com/ab_analytical_services/2014/03/capitalizing-on-cannabis-really-high-returns.html
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