- Posted February 22, 2014 by
This iReport is part of an assignment:
Changed your mind about marijuana?
After Much Debate, the U.S. Begins Unofficially De-Criminalizing Marijuana
Colorado legalized adult-use recreational marijuana at the beginning of 2014, and Washington has joined Colorado in the legalization. Many other states are following suit, with Oregon and Washington seriously considering their own recreational use bills.
Share prices for companies involved in the marijuana and hemp industries are currently experiencing major hype. Companies such as GrowLife (OTC: PHOT), Cannabis Science (OTC: CBIS), Tranzbyte Corp. (OTC: ERBB), Medical Marijuana, Inc. (OTC: MJNA), Hemp, Inc. (OTC: HEMP), and many more are beginning to experience the biggest rally in their histories. With such strong investor support, many American and European companies are flocking to the U.S. markets to become early adapters and capitalize on the opportunity.
There are several shell companies available that could be cheaply purchased by these private U.S. and European companies looking to make an entry into U.S. cannabis markets under these ideal conditions. One company that we have identified to be a great potential reverse merger candidate is
Mass Hysteria Entertainment (OTC: MHYS), ISIN: US57541P2092.
It has an attractive valuation and capital structure to attract new investors.
Many Dutch “coffee shops” and marijuana growers agree that the marijuana market is presenting huge growth opportunities that could closely mimic the dot com boom of the early 2000s. European countries and more U.S. states are transitioning to legalize marijuana fully, and companies are seeking out opportunities. A reverse merger into an attractive shell could be the perfect entry for such a company.
We have placed a speculative buy rating on Mass Hysteria Entertainment for the time being, but please note that the investment is highly speculative as the shares trade on the Over the Counter exchange.