2019-7-15 17:32 |
There’s a kind of boom and bust cycle that tends to follow the development of every new technology, or every major societal change. People get excited about the possibilities of the shiny new concept, they dump money into stocks, they start businesses in the industry, and they push public enthusiasm even higher.
Then, at some point, someone realizes all these businesses aren’t really innovating or providing the value people thought they had, and the bubble bursts. If the marijuana industry isn’t careful, it could follow the same pattern. Fortunately, individual companies in the industry (and individual investors) can avoid a…
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