Cannabis Stock Buying Guide: 13 Tips to Check-Out Before Buying

Avoid these mistakes when investing in marijuana stocks

It’s been a good year for marijuana investors, with many of the largest U.S.-listed marijuana stocks up 30% or more year-to-date. When the market is hot, making money can seem easy to investors. A rising tide and positive momentum can make it seem like cannabis investors can do no wrong. In reality, strength in the cannabis stock group may actually be helping to mask some common mistakes cannabis investors are making. Big returns in the marijuana space won’t always be so easy. Here are 13 investing mistakes for cannabis investors to avoid.

Not enough diversification

With cannabis stocks like GW Pharmaceuticals (ticker: GWPH) and Canopy Growth Corp. (CGC) showing big returns, it’s tempting to increase portfolio allocation to cannabis stocks. However, the more concentrated a portfolio becomes, the more risk is created. If anything, cannabis investors should consider rebalancing their portfolios by selling some of their stocks that have performed best this year. Given the extreme volatility among cannabis stocks and the high risk associated with such early-stage growth companies, it’s wise to diversify into a basket of cannabis stocks or a cannabis ETF rather than focusing on one or two companies…

Read the full article at Us News & World Report.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Write This Stock Ticker Down Right Now

Enter your email address to see the name and ticker on the next page.


By submitting your email address, you give Breakthrough Investors permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

How to Collect "Amazon Royalty" Payouts Before the Deadline

Thanks to a little-known IRS loophole, regular Americans can collect up to $28,544 (or more) in payouts from what is called “Amazon’s secret royalty program”…
Enter your email address to access all the details.


By submitting your email address, you give Breakthrough Investors permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Project An-E

Breakthrough A.I. Just Predicted What the Stock Prices of Tesla, Nvidia, and Apple Will Be 30 Days from Now…
Enter your email address for immediate access.


By submitting your email address, you give Breakthrough Investors permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Elon Musk's "Project Omega"

It could soon mint new millionaires, while plunging millions of unprepared Americans into poverty. Get the stocks at the center of it all.
Enter your email address to receive the names and ticker symbols.


By submitting your email address, you give Breakthrough Investors permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works