Strategically adding some stocks to your portfolio could generate healthy returns.
Cannabis stocks rebounded on Thursday after initial election disappointment on Wednesday.
Due to the plant’s federally illegal status, it prohibits cannabis companies from accessing many financial services available to other entrepreneurs.
A recent survey found that 1-in-10 people have already invested in marijuana companies and another 40% would consider it in the future.
The cannabis sector no longer represents an "incredible opportunity" for investors, as the industry is "not what it was cracked up to be," said the Mad Money host.
The fourth quarter got off to a good start as cannabis stocks began ticking higher, but then halfway through October, the selloff began.
Canada legalized cannabis for adult use nationwide this week, and despite the fact that this huge industrialized nation took the leap, ‘Shark Tank’ host and Canadian businessman Kevin O’Leary is beyond weary of investing in pot stocks.
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