To say the popularity of marijuana penny stocks have skyrocketed is still an understatement. This year, more and more investors are looking to bottom floor many of the medical marijuana companies out there in hopes of landing big on return.
It’ll happen, but not now.
When it comes to marijuana stocks, some experts have always considered it to be short-term investments. Who’s in for the long haul right now unless you’ve got money to burn? Is there some stability? Yeah, but you got some sifting to do.
When you look at the statistics of the latest Pew Research, you could say marijuana is the new tobacco for the United States. Last year, Pew reported that roughly half of adults said they have ever tried marijuana. Twelve percent of those who had tried it did so in 2013.