Investing in MJ?

I'm pretty new to investing and so haven't really diversified my portfolio so far. I've mostly invested in NU bank, which has made an incredible comeback over the last few months. I've been interested in investing in marijuana stocks for a while, but noticed they've been plummeting, and for whatever reason Canopy Growth has been doing awfully as well.

I'm curious whether there's even any point in investing in weed. I get the impression there was a lot of optimism about it a while back, but even though legalization has been spreading across the US, weed stocks haven't been doing well anyway. I was considering investing a couple of grand into MJ while it's down, but I have a feeling it will drop even lower. Thoughts?

submitted by /u/delightedpedestrian
[link] [comments] https://www.reddit.com/r/stocks/comments/14tfk4h/investing_in_mj/
Établi 11mo | 7 juil. 2023 à 21:21:36


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