EL SEGUNDO, CA (PRWEB) December 26, 2012
Keen investors look to up-and-coming investments that have the potential to offer significant profits, and since states like Colorado and Washington have legalized the use of marijuana, the latest on investors’ radars is marijuana stock. http://www.GoBankingRates.com investigates the profitability of existing marijuana stocks to determine whether this stock option is a financially advantageous investment move.
Presently, marijuana stocks are not listed on the three major stock exchanges (i.e. NYSE, AMEX, NASDAQ), however, a majority of marijuana stocks are traded over-the-counter (OTC).
On OTC marijuana stocks, Beth McKenna, Investing Columnist for Go Banking Rates and lead reporter in the investigation, explains, “This isn’t unusual for very small companies, though it can pose increased risks for investors, as listing requirements are not as stringent as they are on the major exchanges.”
The report uncovers three marijuana stocks that are actively traded over-the-counter.
About Go Banking Rates
GoBankingRates.com is a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. Go Banking Rates collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information.
Additionally, Go Banking Rates partners with a number of major media outlets such as Business Insider and US News & World Report to provide compelling and edifying personal finance content, and its expert editors have been featured and quoted on several premier finance websites like Yahoo! Finance, Forbes, The Street, Huffington Post and more.
GoBankingRates.com belongs to a network of more than 1500 finance websites, including GoInsuranceRates.com and GoFreeCredit.com. These sites receive more than 2 million visits each month.
For questions or comments on this report, please contact Jaime Catmull, Director of Public Relations for GoBankingRates.com, at JaimeC(at)GoBankingRates(dot)com or 310.297.9233 x261.