What do you really know about the pot stock market? Not much I would expect, as little of substance is being written about the cannabis stock market these days other than articles hyping/promoting specific client companies. That short-coming has just come to an end.
By Lorimer Wilson, Managing Editor of munKNEE.com – Your KEY To Making Money!
This post highlights the extremely insightful daily articles I post exclusively on TalkMarkets.com. Check them out.
The Pure-Play Pot Stock Portfolio of 25 pure-play stocks went up just 0.8% on Wednesday with 50% of the stocks in the portfolio going down and 50% of the industry categories in which they operate going down as well.
A look at the constituent makeup of the 11 publicly traded “marijuana” ETFs reveals that they include a large percentage of pharmaceutical, real estate, grower supply, and tobacco/spirit companies. Why is that? Here’s the surprising reason.
A Few Last Words:
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About Lorimer Wilson
Lorimer Wilson is an economic & financial commentator who has written numerous articles on economics, finance, precious metals, and the cannabis stock sector. He is the Managing Editor of munKNEE.com, a site that provides a selection of the internet’s best finance articles in an edited, reformatted and abridged format to ensure a fast and easy read.