ETFMJ's Jason Wilson

A Blunt Assessment: Marijuana Has Smoked a Lot of Investors

Enthusiasm over falling legal bars led to business overexpansion and overoptimistic investing. But prospects long-term are, yes, high.
“Legalize it/And don’t criticize it.” The mellow fans of Peter Tosh’s prophetic 1970s reggae song are getting their way, as legal barriers to marijuana crumble in state after state. Bummed-out investors, though, have plenty to criticize.
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