Our readers have been curious whether there will be any "pure-play hemp" IPOs on the horizon. Today we're going to tell you why that's not likely - and how to unlock the most significant gains the cannabis industry has to offer.
Whenever a hot sector comes under some near-term pressure, the shorts - investors who essentially bet a stock will go down - come out to play. They're not always right or even well-meaning in their intentions. But not all of them are wrong, either.
Where stocks trade typically tells you a lot about how established a company is. It says something about the kind of resources the company has to report to regulators and its developed financial strength. But many of cannabis' greatest opportunities are not on the NYSE or Nasdaq.