Investing in legal Canadian cannabis producers? Bad idea.

in cannabis •  7 years ago  (edited)

It's no secret that in Canada right now, stocks are booming when we talk about the licensed producers of cannabis.
But I want to let everyone in on a few secrets which the following article touches on as well.

People who use cannabis, already do.
There's not going to be a big sales boom for the corporate level when recreational is legalized.

These licensed producers can't even meet the demands of some 200k medical patients and they expect to supply the entire Canadian cannabis market.
They're in the business of selling stocks and that's it, don't get sucked into the wave, you'll lose your money.
Canadians support the market that WE maintain.

http://www.bnn.ca/you-re-going-to-lose-all-of-your-money-money-manager-warns-against-investing-in-cannabis-1.918365 image

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