Why Investors Should be Cautious with Cannabis Stocks: The Case of Curaleaf
Cannabis companies used to be primarily concerned with expansion at any cost but that is no longer the case. Investors are getting sick of companies that aren’t profitable, putting pressure on them to be more fiscally responsible. Marijuana entrepreneurs are typically eager to enter new markets that have recently legalized cannabis usage, but this tendency…
This Could Be the Death Knell for Marijuana Stocks
The most recent update from an industry darling may indicate significant financial hurdles for marijuana companies. The stock market has underperformed over the last year, and marijuana stocks have been targeted by bearish investors. The misery has rippled throughout the marijuana business, with the ETFMG Alternative Harvest ETF (MJ) losing more than half its value…