Friday, May 14, 2010

High on pot initiative passing? Intrade has investment for you

Somehow I just knew Wall Street vultures would figure out a way to make money BEFORE marijuana became legal.

I call it the Goldman-Sachs effect.

The Intrade prediction market, an on-line trading network that enables investors to buy and sell shares based on forecasting events, is trying to cash in on curiosity over the outcome of California's November vote on legalizing marijuana for recreational use.

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1 comment:

Tom Holloway said...

C'mon Dave, you really didn't think they would legalize mary without Wall Street getting involved, did you??? Soon to be followed by the IRS.