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Forum nameGeneral Discussion
Topic subjectRE: Might have to jump on a cannabis stock once things settle
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13369212&mesg_id=13373821
13373821, RE: Might have to jump on a cannabis stock once things settle
Posted by allStah, Tue Mar-17-20 01:01 PM
Be very cautious. That industry is not booming like people expected. A lot of those companies have yet to show any signs of a profit. And constantly changing future valuations does not help. Investors bailed. They can grow weed, buy other weed facilities and borrow money, but investors want to see profits either up in sales or revenue.

But at penny stock prices...it might be worth the chance.