Big profits made when all the marijauana stocks ipo at 2019
this hype on US legalization is just that . investing any money in this stock is just feeding the shorts and stock runner who control all the majijauana listed companies based florida, it's a bucket shop. when you buy or trade these stocks, you not investing in the company .all these companies are losing money and running out of cash and living off investors nad ipo money. when ipo money runs out..these companies have no cash flow from operations. legalization is worse known as dead cat bounce why people investin in money losing business and soon to be bankrupt or 90% share dilution etc and expect the share price to increase?
The cash that these marjauanat companies received during ipo is drying up and so is the market for any stocks. stocks is luxury good or non-essential product..people don't need to own any stocks.