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Home 🌿 Cannabis Technology News 🌿 Will Marijuana Be a Viable Investment Opportunity Within the Next 10 Years? 🌿Will Marijuana Be a Viable Investment Opportunity Within the Next 10 Years?
Marijuana has inspired the medical community and the investing community, with state legalization spurring interest in companies related to the drug. Yet many fear that the tiny companies that dominate the marijuana industry right now aren't good investments and carry too much risk for the typical investor.
With that in mind, we asked three Motley Fool contributors to weigh in on their views about whether marijuana is or will be a place to invest in the near future. See what they have to say and then weigh in with your comments below.
Jordan Wathen: I don't think the majority of the marijuana business will ever be a viable investment opportunity. First, the cultivation of marijuana is commoditized, no better than the farming of traditional crops. When everyone operates with the same basic commodity inputs, generating an outsize return is next to impossible.
Likewise, retailers in states where it...
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