How to Pick the Right Marijuana Stocks

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Summary

The cannabis industry is blooming, and so are many of the publicly traded stocks in the field. However, picking the right stocks is a challenge; you don’t want to buy the hype, but instead, a stake in a real company, with a long-term business plan and a proven management team. However, I noticed all of these stocks were penny stocks—trading below $2.50 per share. Cannabis Penny Stocks Talking about how CEOs in the marijuana industry could navigate market volatility in times of regulatory uncertainty, Bocskor mentioned a few companies doing a good job. Unfortunately, these types of companies are not so easy to come across, as the industry is still nascent.

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This article was originally published on Benzinga.

The cannabis industry is blooming, and so are many of the publicly traded stocks in the field. However, picking the right stocks is a challenge; you don’t want to buy the hype, but instead, a stake in a real company, with a long-term business plan and a proven management team.

Unfortunately, these types of companies are not so easy to come across, as the industry is still nascent. Thus, a large number of investors get caught up in investments that are virtually worthless, or highly overvalued.

Fortunately, Benzinga’s Javier Hasse recently asked Leslie Bocskor, investment banker and president of cannabis advisory firm Electrum Partners, how individual investors could make sure they were placing their bets on the right proverbial horses.

Cannabis Penny Stocks

Talking about how CEOs in the marijuana industry could navigate market volatility in times of regulatory...

Read the full article @ High Times