Merrill Lynch Report Rosy on Cannabis Companies

Investment titan Merrill Lynch is apparently bullish on marijuana.

The investment management arm of Bank of America produced a 45-page report that explores the marijuana-related investment landscape, according to Philly.com. And it concluded that “medical cannabis has high potential.”

The report provided information about some publicly traded ancillary marijuana companies, but did not discuss investing in any “company that was directly in the business of growing, processing or selling…

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