Surprise! Billionaire Money Managers Bought These 4 Pot Stocks in the Fourth Quarter
As you're probably aware, marijuana stocks had an awful 2019. Though last year was supposed to be when cannabis stocks proved to Wall Street that they deserved premium valuations, supply issues in Canada and high tax rates in select U.S. markets derailed these plans. Instead, most pot stocks lost money as the black market continued to thrive throughout North America.
But what you might be surprised to learn is that, in spite of these struggles, big-time money managers were buyers of cannabis stocks during the fourth quarter.
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Source Fool.com
