Pot grower’s case rivets investors eyeing market worth billions (livemint)

Admin   februari 11, 2015   Geen reacties

A defense win would boost the legal market for cannabis-related products and confirm for investors that the times for pot are changing

San Francisco: A federal drug enforcement agent turned private equity manager at a firm backed by PayPal Inc. co-founder Peter Thiel is watching the trial of a garden-variety pot grower with high hopes for the nascent marijuana industry. It may sound like an only-in-California story—and it is, for now—but a win by the defendant may move the entire nation toward legalization of a business some value at more than $50 billion a year.

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