Blogs related with G10

Cannabis sector: bubble or the main chance?

a.dzybalov_2819's picture
25.04.2019 - 17:27

On October 17, 2018 the recreational use of marijuana became legal and I understood that the world will never be the same. Discarding the ethical aspect, in the sense that in my home country all use of cannabis is prohibited, I has begun to consider cannabis sector as interesting to invest due to its high growth opportunities. I think that many people would like to turn back time to the past 15 years and buy Apple stocks. Imagine how much you would earn if you invested $2,000 in Apple, for example, in 2003 (average stock price = $1.3). Unfortunately people haven’t invented a time machine. However, we have a chance to make money in the new sector.