Wednesday, February 27, 2013

CEO Of Privateer Holdings To Invest $50 Billion In Marijuana Industry

Got Weed? 

Brendan Kennedy is the CEO of Privateer Holdings and he has his sights set on a new venture. Investing in the Marijuana Business, yes you read that right. Kennedy believes that the industry has a tremendous amount of room for growth and likes that it is essentially a grass roots movement. He is so confident in the investment, he is willing to invest 50 billion. Now that's a lot of  ganja. 

Look if some billionaire CEO wants to invest in an industry that will probably become legal soon anyway, why not. As I said before I'm not a smoker of anything but weed is so prevalent it might as well be legal. It doesn't mean people should just become pot heads and do nothing with their lives, but plenty of people do that now anyway. There will definitely be an increase in burnouts but it would be a great boast for our economy and we could stop spending money on trying to stop a harmless plant. My only concern is that marijuana is a gateway drug, it really does increase the chance people will do other drugs. So I hope there will be some restrictions with it.

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