I Just Bought My First Cannabis Stock: Here's Why

I Just Bought My First Cannabis Stock: Here's Why

For one reason, I have an aversion to jumping on new and emerging industries that attract a lot of hype. Warren Buffett has long been skeptical of new and emerging industries, as shareholder returns often fail to match industry growth. The cannabis industry has had no shortage of cautionary tales, from the completely oversupplied Canadian market to U.S. multistate operators that spent too much too fast and overextended themselves.