3 Cannabis Stocks Billionaires Are Pouring Money Into
After months of basking in the glow of recreational marijuana legalization in Canada and a growing acceptance (at least at the state level) in the U.S., cannabis stocks have been getting smoked.
It's not because anything is inherently wrong with the legal weed sector; it's barely in its infancy. Rather, valuations got ahead of themselves (the odd scandal hasn't helped pot stocks either).
Some investors might be spooked by the marijuana stock sell-off, but hedge funds (and the billionaire investors who own them) are focused on the fact that, between 2017 and 2021, the legal cannabis market is expected to grow at a.
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After months of basking in the glow of recreational marijuana legalization in Canada and a growing acceptance (at least at the state level) in the U.S., cannabis stocks have been getting smoked.
It's not because anything is inherently wrong with the legal weed sector; it's barely in its infancy. Rather, valuations got ahead of themselves (the odd scandal hasn't helped pot stocks either).
Some investors might be spooked by the marijuana stock sell-off, but hedge funds (and the billionaire investors who own them) are focused on the fact that, between 2017 and 2021, the legal cannabis market is expected to grow at a.
Den vollständigen Artikel lesen ...