3 Cannabis Stocks to Avoid Now
If the government could just get out of the way of marijuana, it could realize its full potential as a massive growth opportunity. Unfortunately, a tax and regulatory morass on the state level, coupled with its continuing classification as an illegal substance federally, has put roadblocks in front of otherwise good pot stocks.
Other cannabis stocks, however, seem to go out of their way to sabotage themselves and their investors. Canopy Growth (NASDAQ: CGC), Charlotte's Web Holdings (OTC: CWBHF), and Aurora Cannabis (NASDAQ: ACB) should be avoided because of self-inflicted wounds that hold them back.
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Source Fool.com
