News Formal

Cramer warns against buying volatile Canadian pot stocks until things settle down after legalization

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

'There could be a lot of disappointment once it turns out that legal marijuana is a lot less profitable than illegal marijuana,' MadMoneyOnCNBC's Jim Cramer advises against buying pot stocks so soon after legalization.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MadMoneyOnCNBC The ability to create your own herb garden means that the barrier for market entry is incredibly small. We will become a nation of 'craft growers'.

MadMoneyOnCNBC And it’s much cheaper to buy weed from the black market

MadMoneyOnCNBC what about the ones we already hold? continue to hold or sell?

MadMoneyOnCNBC He didn't recover from buying Tilray at $300.

MadMoneyOnCNBC This guy is talking out of his ass. Illegal outdoor grows are going to be non-existent because the Emerald Triangle (where 13M lbs of illegal weed is grown and supplies 76% of nation's illegal weed) will be heavily policed and regulated to just supply California.

MadMoneyOnCNBC hes all around the clock as usual other day he sayin buy canopy he has no clue and no one really knows the market cap gonna need few months to get an idea. and its almost winter tourist shud enjoy it too next summer

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Short-term traders should sell into pot stocks surge, says Jim CramerThe 'Squawk on the Street' team discusses the surge of pot stocks in the wake of Canada's legalization of cannabis tomorrow. These stocks give new meaning to the term making market “highs” Of course if they were really good at stocks, they would have discussed the surge before it happened. Spoiler alert: The Bitcoin pump and dump is over. The Cannabis pump and dump has begun 😂😂
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer on Netflix earnings: CEO Reed Hastings is a 'miracle worker''It has nothing to do with the economy. It's a worldwide story, and Reed Hastings is a miracle worker,' Jim Cramer says. MadMoneyOnCNBC Cramer has obviously not looked at the balance sheet very clearly. MadMoneyOnCNBC A sane voice who paid attention to earnings calland financials. Radical.
Source: CNBC - 🏆 12. / 72 Read more »