Quote:
Originally Posted by rustomatic
If you look at the charts, pot stocks are like potheads: not all that trustworthy. They get sold off en masse on a daily basis. Try Ford, maybe after they go bankrupt from recalls . . .
If you don't have an eye on it every day, the pot stock will take your money and spend it on batteries and Cheetos.
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You know that not all growers are for medicinal smoking right? I think with states considering it legalization that there is some potential but I agree its going to be volatile and who knows which ones will be the winners, like the next cryto craze.
But something that is happening quietly, imo, is the rise of CBD consumption. The rise of CBD consumption in the pharma industry would seem to indicate a demand. And with the talks of beverage companies coming out with CBD infused products, I dont want to miss an opportunity for good growth.
Idk. Could also just be a flash in the pan.