Investors interested in cannabis stocks are facing some very conflicting opinions.
On one side you have the skeptics. That’s the large group of voices shouting that cannabis is the worst investment ever.
On the other side, you have the get-rich-quick crowd. That’s the group of people who are convinced that owning cannabis stocks for a few years is a quick path to riches and early retirement.
The truth usually lies somewhere in the middle – and that’s true for cannabis stocks.
I think cannabis stocks are a good investment. I also think the cannabis industry is in a position to see a big expansion in the next two years.
While that might not send cannabis stocks to the moon, I do expect it to deliver market-beating gains for the sector that could give your portfolio a very nice boost.
Cannabis Is Still Illegal in the U.S. – That’s a Good Thing for Investors
In a recent article from Kiplinger titled Buy Marijuana Stocks Now? You’d Have to Be Stoned, the author suggests that investors should avoid the sector because cannabis is still illegal on the federal level. Continue reading "It's A Good Thing That Cannabis Is Still Illegal In The U.S."