Potshots: Marijauna Stocks – the next version of dot coms?
In the late 1990’s the dot com stocks made headlines due to their rapid gains. More recently it was the crypto-currency led by Bitcoin. Now marijuana stocks are taking center stage as the next hot investment topic. In today’s episode of five good minutes we’ll take our potshots at the latest headline stealing topic.
Legalized marijuana has created a new and untapped industry. Pot sales are legal in some form in 30 states. And in October, Canadians will be able to buy cannabis for recreational use. Right now it is the new shiny thing in the investment world, but in many ways, these companies are much like the dot com stocks of the early 1990’s.
In the next five minutes, we’ll talk about the latest fad.