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5 Stocks Heading ‘Higher’ on Legalized Marijuana

Companies catering to the stoner lifestyle could win out

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Johnson & Johnson

Sure, many adults are going to sit back, take a few hits, then sit around the rest of the night watching Netflix (NASDAQ:NFLX) or playing Xbox. But those who want to go out and about after smoking won’t want red eyes giving away their recreational activity.

Enter Johnson & Johnson (NYSE:JNJ), maker of trusty ol’ Visine. Just a few drops, and you’re good as sober.

As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media, http://investorplace.com/2012/11/5-stocks-heading-higher-on-legalized-marijuana/.

©2017 InvestorPlace Media, LLC