Image: Bobby Yip, Reuters, via Philly.com

Philly420: Merrill Lynch is bullish on marijuana – Marijuana News

The investment arm of Bank of America, Merrill Lynch, sent out a 45 page equity report last week focused on prospects related to marijuana. Carefully researched, it was an interesting peek at how heavy hitters on Wall Street are starting to view the expanding industry.

The document is not publicly available. It was leaked to this writer by an individual who received the report as a member and investor.

Among the pages were extensive, basic information about cannabis and the cannabinoids THC and CBD.

There was also a comprehensive outline on the patchwork of state medical cannabis laws.

Click here to read the complete article

Chris Goldstein ~ Philly.com ~


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