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Old December 5, 2012, 10:17 PM
Phil
 
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Default Investors look for niche in Marijuana Market, jumped 3,000 % — on Giddy Enthusiasm!

Not for Everybody! ...

But...

“It’s the biggest opportunity I’m ever going to see in my lifetime,” said Kennedy, 40.

Their Seattle-based private-equity firm, Privateer Holdings, is believed to be the first of its kind in the nation to focus exclusively on marijuana.

But Kennedy and Blue won’t be alone for long.

Votes in Washington and Colorado last month to legalize pot for recreational use turbocharged marijuana as a legitimate business opportunity.

Business people packed a marijuana industry conference in Denver the day after the election, and shares of publicly traded companies spiked — one that sells marijuana vending machines jumped 3,000 percent — on giddy enthusiasm.

The ripest opportunities are among cannabis-focused businesses ancillary to direct selling or growing of marijuana — from media to insurance, from hydroponic suppliers to specialty software...
http://www.yakimaherald.com/news/yhr...rijuana-market

All the best,
Phil
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