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A serious answer: many people overvalued weed stocks when they were new, and reality did not match up. The stocks were priced far higher than they should have b
by JackMorgan 4y ago
A serious answer: many people overvalued weed stocks when they were new, and reality did not match up. The stocks were priced far higher than they should have been had they been priced only on raw business fundamentals.
Lots of people bought weed stocks because they love weed, which doesn't mean that particular company will be able to turn a profit high enough to match the stock price they paid.