PepsiCo (NYSE:PEP) is another food company that could make bank off the munchies.
If you’ve seen Half Baked, you can’t think about weed without quickly thinking about Funyuns. Well, PepsiCo’s Frito-Lay division makes ‘em … and it makes Doritos, Tostitos, Cheetos, Lay’s, Ruffles, Fritos and a host of other bagged-snack favorites!
That said, again, investors have options. Mondelez International (NASDAQ:MDLZ) — the snack side of the former Kraft — has options for stoners with a sweeter tooth, providing nibbles like Oreos, Chips Ahoy and Nutter Butters.