The coronavirus has been impacting the world economy and, in particular, the cannabis industry. This is especially true with respect to the virtual shutdown of business activity in China.
Investing in marijuana stocks is risky these days, so why is CalPERS sinking more money into major cannabis companies?
All start-ups are risky. Only put in what you can afford to lose and understand your return will take up to twice as long as you think, and will likely be smaller.
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The cannabis sector no longer represents an "incredible opportunity" for investors, as the industry is "not what it was cracked up to be," said the Mad Money host.
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Since 1970, when President Nixon listed cannabis as a Schedule I drug under the Controlled Substances Act, this plant has been at the epicenter of a vicious drug war.
A source said that William has “advised Harry to return to London or move elsewhere" and that “he’s concerned about his brother’s well-being and safety.”