Investors are eyeing up potential marijuana stock winners like Cannabis Science (CBIS) stock as the industry explodes - but a lot of these picks are not worth the money...
As we warned in February, a lot of these new pot stocks are not good for investors.
Some are scams, while others are just too new to invest in with confidence.
Investors are eyeing up potential marijuana stock winners like Cannabis Science (CBIS) stock as the industry explodes - but a lot of these picks are not worth the money...
As we warned in February, a lot of these new pot stocks are not good for investors.
Some are scams, while others are just too new to invest in with confidence.
Here's why CBIS stock is among those to avoid...
The U.S. marijuana industry is booming. Medical marijuana is now legal in 23 states and the District of Columbia. Recreational use is legalized in four states, with others eyeing legislation. Research firm GreenWave Advisors estimates the U.S. market could be worth $35 billion by 2020 if it is legalized federally.
But that industry growth has come with a dangerous trend: Pot stocks are scamming investors by trying to pass themselves off as the next hot marijuana startup.
Public sentiment is shifting toward recreational marijuana use in the U.S., and that's a good sign for pot stocks - and investors who get in ahead of the boom...
But, it's also benefiting Peyton Manning...?
Here’s the story (plus how to make money)...
Four new pot stocks to watch have just starting trading, all hailing from our neighbor to the North.
That's because a recent policy change in Canada has legitimized the cannabis business - a market that's expected to generate $3.4 billion a year in taxable sales over the next decade, according to government estimates.
