Just getting and started into stocks and i want to get into stocks with weed companies because when that shit is legal on a federal level it is going to be poppin. any tips before i get started or best place to get started?
first thing you need to know about stocks: the value is determined by anticipation, not current assets.
pretty much anyone who was going to buy weed stocks has already bought weed stocks, and the price of them is currently extremely overvalued.
you can still buy them and you may still make money, but don't expect for the stock to shoot up 1000% the day it's legalized, as everyone is already aware this is going to happen.
so currently their prices are pretty high and might not be worth getting them right now