High Expectations For Marijuana Stocks Suited For Speculators Only–For Now

Most Western nations are becoming more permissive toward marijuana, so companies that legally produce and sell marijuana should enjoy strong growth over the next few years. The concept is so simple and appealing that even conservative investors are buying shares in marijuana start-ups, and a mutual fund or exchange-traded fund that focuses on the marijuana industry can’t be far off. Investors are especially enthusiastic about Canadian pot producers, as this spring the federal...