Marijuana is being legalized in the States of US and could be the start of a huge trend up for companies in this area.
If you're interested in this area, then take a look at a US stock listed on the NYSE market. It is called 22nd Century Group Inc (Ticker: XXII). Currently, priced at $1.94, my chart shows a breakout to the upside is imminent. Provided it can stay above $1.80, I believe it could triple within a few months.
Please note that this is just a pointer from my chart analysis, so please DYOR before buying.
And if you know of any other stocks in this area, please suggest them by commenting below.
Another US stock which would benefit from the Marijuana industry is Cree Inc (CREE). It provides LED lighting for the plants which is much needed to grow the POT plants indoors at night. CREE is currently selling at around $29 and my chart has given a strong buy signal. I reckon it could double within te next 6 months. @marketreport @maneco64 @jsnip4 #Marijuana
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