3 Pure-Play Cannabis Stocks I'd Consider Buying Right Now
If you're considering investing in a cannabis company, there's a good chance that you're thinking about buying shares in a pure-play. If you aren't familiar, pure-plays have a simple business model in which they cultivate and then sell cannabis, typically directly to consumers. That means they're positioned to capture any rise in demand for marijuana products in the geographical markets where they compete.
On the other hand, pure-plays also tend to face the brunt of any downturns or changes in regulation that impact demand. And there are plenty of pure-play companies out there that'll burn your investment quite quickly. In fact, they tend to be so risky that I wouldn't invest in any pure-play cannabis business. Except for the three I'll be discussing here today, that is.
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Source Fool.com
