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
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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