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Here's the only pot stock worth owning

Submitted by Marijuana News on Mon, 04/20/2015 - 12:52

This is pot's $3 billion banking problem The marijuana business is attracting a lot of interest from entrepreneurs, venture capitalists -- and consumers -- in states where pot is legal for recreational and/or medicinal use.

There are even dozens of publicly traded pot stocks. But should you buy any of them? Probably not ... unless you don't mind seeing your portfolio do a Cheech and Chong and go up in smoke. (Sorry.)

Many of the companies are trying to attract investors with goofy names and ticker symbols that make it obvious they're in the pot business.

American Green (ERBB). CannaGrow Holdings (CGRW). Hemp (HEMP). Medical Marijuana (MJNA). WeedHire International (WDHR). (Amusingly, the stock with the ticker symbol is THC is not a pot firm but giant hospital owner Tenet (THC).)

These companies are basically wrapping themselves in a...

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URL: 
http://money.cnn.com/2015/04/17/investing/marijuana-stocks-pot-gw-pharmaceuticals/

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