Wealth Manager: Pot Stocks Will Mimic Crypto Bubble – But Won’t Crash Like Bitcoin

Melanie Kramer

Updated Fri, Feb 22, 2019, 7:33 PM

Wealth manager Carol Pepper says cannabis stocks are the next “huge growth area” in alternative investing. With an actual physical product, pot stocks could soar like Bitcoin in 2017, but unlike the cryptocurrency, they won’t follow that boom with a bust.

Pot Stocks Earn Bump from Legalization Progress

Recreational cannabis was legalized in Canada on October 17, 2018, opening the North American market to pot companies and laying the groundwork for cannabis-infused drinks and other products.

The US could quickly follow Canada’s trailblazing. Though it’s still banned at the federal level, ten US states and the District of Columbia have legalized cannabis. Other regions globally including Europe are investigating a once-taboo plant for its medicinal properties and the benefits of a legal and recreational market.

Read the full story on CCN.com.

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Wealth Manager: Pot Stocks Will Mimic Crypto Bubble – But Won’t Crash Like Bitcoin

Pot Stocks Earn Bump from Legalization Progress

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