How to Invest in Pot Stocks Right Now
If you're looking to strike it rich with pot stocks, you need some patience.
The industry – while showing huge growth potential – is still limited in what it offers investors.
"Barring probably a couple of exceptions, the publicly traded space is probably one to avoid at this point," 4Front Ventures Co-Founder and Managing Partner Kris Krane toldMoney Morning. "It's just too volatile. There are too many shell games and reverse merger games, and it's not a great space to look at right now."
There just aren't a lot of legitimate investments in what is largely an over-the-counter market for pot stocks.
"Unless you are a pump-and-dump scammer, in which case you probably can make a good amount of money in the public markets in marijuana, it's probably best to avoid it at the moment," Krane added.
That's not to say pot stocks will never be a good investment, or that...
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