Maier, Thomas 1/1/1997 - 31/12/2018
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1 US PA: Column: When Criminal Vices Become Legal, SavvyWed, 19 Nov 2014
Source:Citizens' Voice, The (Wilkes-Barre, PA) Author:Maier, Thomas Area:Pennsylvania Lines:81 Added:11/21/2014

Big-time investors hoping to profit from America's emerging business in legalized marijuana might see a bit of themselves in the historic example of Joseph P. Kennedy - the father of President John F. Kennedy.

Back in 1933, the Kennedy patriarch made sure his liquor firm would be the first to make millions as Prohibition's decade-long ban on alcohol sales ended. He did so with a blend of politics, cash and timely maneuvers.

Today's pot entrepreneurs - looking to cash in on the estimated $20 billion market in marijuana sales by 2020 - may find from some striking then-and-now similarities in Kennedy's experiences.

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