Sunday, March 27, 2011

Medical Marijuana another reason to be bullish on NetFlix

I was watching the History Channel last night and I found yet another reason to be bullish on NetFlix. The show was on the Booming medical marijuana industry in California. To make a long story short, marijuana is now on par with alcohol in the West Coast. All you need is a doctor's recommendation that you need cannabis to treat a medical condition and just like that you can now buy weed in clean, brightly lit, safe, slick, modern stores. Stores whose appearance rivals the aesthetic designs of Lululemon or Apple.

You can also get it delivered to your house if it's too embarrassing to be seen at such a place. While watching the show my brain was churning trying to figure out: how could I directly play this ragging bull market in weed in the West Coast? And a few ideas came up: Invest in who ever owns the Munchies brand? Maybe.
I've got the munchies!
Or perhaps invest in whoever sells Visine? Yes, but what else?

But then it hit me. What do people do most often when they get stoned? They sit on the couch and watch movies! Duh! Naturally, NetFlix came to mind. NetFlix is a pure play on the growing cannabis market.


Disclosure: I currently do not own any NFLX but I may in the near future.
Follow me on Twitter at @elwalvador

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