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Cannabis Stocks: Buy This, Not That


The issues in the cannabis sector far predate the current economic crisis caused by the COVID-19 pandemic. Over the past year or so, marijuana companies have generally reported underwhelming financial results, much to the dismay of pot investors who had high hopes for the industry. Over the trailing twelve-month period, the Horizons Marijuana Life Sciences ETF (OTC: HMLSF) -- an industry benchmark -- is down by 61.3%, compared to a 4.9% rise for the S&P 500.

Naturally, there are plenty of cannabis stocks investors ought to avoid, but there are also some pot companies worth investing in today. Let's discuss two cannabis companies, one of which is a buy, and one of which isn't worth your money.

HMMJ.U Chart

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Source Fool.com

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