Michigan vote to legalize pot fires up investor momentum behind cannabis

FILE PHOTO: A small marijuana plant grows in a lab at the new Commercial Cannabis Production Program at Niagara College in Niagara-on-the-Lake, Ontario, Canada, October 9, 2018. REUTERS/Carlos Osorio/File Photo

NEW YORK (Reuters) – Michigan’s vote Tuesday to become the 10th U.S. state where the recreational use of cannabis is legal is adding more momentum to a trend that some investors now say is inevitable: that marijuana will become legal nationwide within the next 5 years. As a result, companies, portfolio managers, and high-ranking executives […]

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