March 21, 2015

Hemp Legalization Trend To Drive Tobacco Stocks

Seeking Alpha
  • Tobacco stocks stand to benefit better than any other big business from the highest potential growth industry in America, that of hemp.
  • From production and packaging to marketing, Big Tobacco is already equipped to own and operate the promising and swiftly legalizing cannabis industry.
  • Hemp is the largest opportunity because hemp has historically been the lifeblood of the world economy, including America from its colonial days to 1937 and then during WW II.
  • Legislation filed in both houses of Congress would exclude hemp from the legal definition of marijuana.
  • PM is most in need of a strategy overhaul due to currency losses.

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