Real estate manager doubles pot-growing stake

Encouraging demand prompts MediSwipe (MWIP) to buy another 80 acres in Colorado that it will use to sublease individual parcels to marijuana cultivators. This follows its original purchase of 80 acres announced last month.

The second plot of land holds a "decreed non-tributary well" water right giving the company access to a substantial amount of water that it will lease to its licensed growers.

Comments (1)
  • 850enthusiast
    , contributor
    Comments (3) | Send Message
    Is anyone aware of if Colorado is prone for drought?
    10 Apr 2014, 12:36 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs