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5 Stocks Heading ‘Higher’ on Legalized Marijuana

Companies catering to the stoner lifestyle could win out

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Urban Outfitters

Those discovering (or upping) their marijuana use after the new referendum might want to look the part, too.

Step one: Get an artsy tapestry for your pad — maybe with a bright variety of colors or with Ganesh on it. Urban Outfitters (NASDAQ:URBN) is the place to go for this — and for cool, hipster apparel that will complete the persona of newly discovered weed-lovers.

More options: Buckle (NYSE:BKE) — while best-known for its jeans — could get a boost, as it carries a few drug rugs along with edgy brands like Obey. Pacific Sunwear (NASDAQ:PSUN) and Billabong (PINK:BLLAY) also fit the bill.

Article printed from InvestorPlace Media,

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