Wednesday, April 3, 2019

Cannabis stocks seem interesting for investment purposes

Jim Rogers wishes he had owned Cannabis stocks because they have had a great run

"I’m extremely interested in cannabis. It’s going to be — it already is a huge market. It’s going to get bigger and bigger. Something like 90 percent of Americans can now buy cannabis legally, all of Canadians, Columbians. More and more people are becoming eligible to buy cannabis and it’s going to be a great investment if you find the right companies and the right prices. I have a private company in Columbia in which I’m an investor but I don’t have any public stocks. Not at the moment, but I wish I did — we all wish we did.”

via moneyandmarkets

Jim Rogers co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.