written by reader Too busy… someone please fill me in! Thanks

By semcgrath, March 8, 2017

So I’m working like 18 hour days right now, but I want to cash in on the Marijuana Stocks… Can someone please tell me which ones to buy? Does anyone follow the Penny Pot Profits? I’m not paying to follow them…. Thanks for you your help!

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Irregular
March 9, 2017 2:04 am

I took a look at this briefly, subscribing to one newsletter that was promoting them. My conclusion was that it’s a fad, there are no sensible publicly-listed investments but there are a number of stocks that have been chased upwards because what they do happens to have something to do with marijuana, for example a packaging company and a very expensive UK-based pharma company that happens to have a couple of cannabis-related drugs under development. The newsletter concerned was very much about telling stories about stocks rather than fundamentals, so I cancelled it. There will be others here who will know much more but I would say, be thankful that you don’t have time to get involved in that market.

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lovellah
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lovellah
March 13, 2017 1:01 am
Reply to  Random

Jeff Sessions, new Justice Director has strongly indicated that he does not like Marijuana – even though some states have “legalized” it; the Federal Govt will not – so it looks like a roadblock for investing in it.

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gordo
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gordo
March 15, 2017 6:18 pm