These stocks revolve around a product & market that is both old, yet new. It'll be down to effective management whether they really fly or not. They could just as easily be mining gold, but if they're not controlling costs, ensuring a good range of products or marketing well, then they'll just be a flash in the pan. Picture Coca-Cola versus the local no-name beverage bottler; same market and similar products, but whose shares would you rather own?
Who knows, perhaps the buying public will avoid mass marketed cannabis in favor of local "farmers market" boutique products. Budweiser versus local craft-brewed pilsners of sorts.
Now that comparison has me thinking: is Red Bull going to come out with a new beverage variation for these states? Video game sales are gonna go through the roof!
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"The trouble with people idiot-proofing things, is the resulting evolution of the idiot." Me
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