Here's Why Cannabis Investors Shouldn't Ignore Tobacco Stocks
Should cannabis investors be buying stocks in the tobacco sector? Is now a good time to invest in pot stocks? How long should investors hold their pot stocks? These are just a few of the questions we ask Meb Faber, CEO and CIO of Cambria Investment Management.
The Motley Fool sat down with Faber to talk about Cambria Cannabis ETF (NYSE: TOKE). The quant firm's low-cost cannabis fund seeks exposure to the broader marijuana industry with top holdings including Altria (NYSE: MO), Philip Morris (NYSE: PM), and British American Tobacco (NYSE: BTI).
Source Fool.com