This Chart Shows Just How Scary Some Marijuana Stocks Are
What's the scariest thing you can think of about marijuana stocks?
Maybe your first thought was that the U.S. government could crack down on states that have legalized marijuana, causing stocks of companies in the marijuana industry to plunge. Or perhaps you worry about the potential for the many penny stocks of small marijuana companies to become worthless as bigger players enter the market.
Both of these are valid fears about some marijuana stocks -- but not all of them. Canadian marijuana growers Aphria (NASDAQOTH: APHQF), Aurora Cannabis (NASDAQOTH: ACBFF), Canopy Growth Corporation (NASDAQOTH: TWMJF) and MedReleaf (NASDAQOTH: MEDFF) don't have to worry much about what the U.S. government does. None of them are penny stocks. And there isn't a significant reason to be concerned about having bigger players enter the market.
Source: Fool.com
