The Mistakes Investors Make Looking At Pot Stocks… and How to Avoid Them!

What a difference a few years makes. Marijuana has gone from being a strictly illegal commodity virtually everywhere to one which is for all practical purposes legal in many U.S. states — albeit with restrictions and regulations — and totally legal as of last month in Canada. As a result, a number of public companies have sprung up to grow and wholesale the crop. But this early in newly open market, it’s still quite hazy how profitable those businesses might be, and speculation about that has led, inevitably, to seriously speculative stock price movements.

In this segment of the Motley Fool Answers episode, hosts Alison Southwick and Robert Brokamp ask David Kretzmann, who heads up The Motley Fool group that focuses on the cannabis business, to help them identify the best strategies for investing in this hype-driven space.
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6 Comments

  1. @EmmMacken on June 15, 2024 at 5:45 pm

    whats wrong with the third laptop on the right?



  2. @kingcesar4272 on June 15, 2024 at 5:50 pm

    I found them for you.



  3. @ledonnek1974 on June 15, 2024 at 6:10 pm

    Is there a cannabis index?



  4. @kingcesar4272 on June 15, 2024 at 6:12 pm

    Look into it.



  5. @kingcesar4272 on June 15, 2024 at 6:24 pm

    FSD Pharma and Auxly $$$



  6. @1ofEve on June 15, 2024 at 6:34 pm

    I’m having a hard time sleeping w my $ on pot stocks b/c I’m suspicious that cash is being raised aggressively on the shareholders dime, compared to any other micro/small. I’m not blaming them for their proceeds, I just worry that there is a dependency on an investment fad which may or may not sustain itself until the industry is finally "up and running"