Debra Borchardt of TheStreet.com has been covering the nascent legal marijuana industry and sees much upside potential for it. While it definitely has its share of hucksters and charlatans, there’s a lot of innovation and technological advancement taking place as well. This combined with more states attracted to the possibility of new sources of tax revenue and decreased enforcement expenditures could make the sector a growth area for investors. This could lead to lofty valuations and returns.
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