Beware of The Cannabis Stock Bubble!

Cannabis Stocks have been experiencing a high time on the stock market, and it seems we all know someone riding the Pineapple Express to financial freedom. But is it too good to be true?

In today’s video, I’m going to explain what you need to consider before buying into a speculative investment like cannabis, and the dangers of investing in a bubble market.

Have you invested in any high-flying stocks lately? Tell me about it in the comments below, and don’t forget to subscribe if you want to stay tuned for more financial planning advice.

Sources:

Trois FNB du cannabis lancés en deux semaines

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Posted in Stocks & Trading

1 Comment

  1. Josh on November 18, 2021 at 1:51 pm

    I bought into Canopy Growth when they first came out onto the venture market at $2.27 per share. My brokerage account shows it’s a gain of 1,637% currently. I already cashed 1/2 of the stock so I’ve taken out nearly 10x what I put in. I also bought aurora at around $2 a share (much later), and sold half of it for around $9. Do I think they will crash? Good chance. But I can’t help wishing I had gone all in on canopy in the beginning, would be a multimillionaire today. Hindsight of course being 20/20 and it would have been the investing equivalent of taking my nest egg to the casino.