The Winner Of The Super Bowl Is: Marijuana
This past Sunday, the Denver Broncos beat the New England Patriots to win the AFC title. The Seattle Seahawks defeated the San Francisco 49ers to capture the NFC title. Now the Denver Broncos and the Seattle Seahawks will face each other in the Super Bowl on February 2nd, 2014. Both football teams will help to bring in tons of revenue dollars for the economy and their respective cities. This coming Super Bowl is expected to be the most highly watched Super Bowl game ever. It features one of the best offensive teams in the NFL going against one of the best defensive teams in recent history. It has been estimated that a 30-second television commercial will go for about $4 million during this year's Super Bowl.
At the start of 2014, two states began selling marijuana legally, Colorado and Washington. Since the two football teams that will be playing in the Super Bowl are coming from these two states it is safe to say that marijuana stores will likely do very well on Super Bowl Sunday. We can only expect marijuana sales to be up leading into such a major sporting event. After all, alcohol sales always increase during the week of the Super Bowl, so we should expect the same type of reaction from marijuana sales.
Here are three marijuana related stocks that could benefit from the upcoming Super Bowl game. Please note, all of these companies mentioned below trade on the OTC-BB so they are equities that carry much higher risk. These stocks have also had big gains since the new year began. Traders and investors must make sure that they understand the risks involved before trading these stocks.
1. Cannabis Sativa (OTC-BB: CBDS)
2. Medbox Inc (OTC-BB: MDBX)
3. Terra Tech Corp (OTC-BB: TRTC)
The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.