Shares In A Marijuana Dispensary Can Now Be Purchased By Investors

TerraTech is the first publicly traded marijuana dispensary that investors can now purchase shares in. The California merger described in this article will attempt to capitalize on the new regulatory landscape in California which is expected to change significantly with the implementation of the Marijuana Regulation and Safety Act in 2016. The State of California has not legalized Marijuana for recreational use, but many expect those laws to change in the near future as part of a growing trend. TerraTech is currently traded in the over-the-counter market as a penny stock. If more states change their laws on Marijuana these types of publicly traded businesses will likely become more common.

See Debra Borchardt, Investors Can Now Buy Shares Of A Marijuana Dispensary, Forbes, January 12, 2016.