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Altrius Capital Blog

12 Nov 2018

You'd Have to Be Smoking the Stuff to Buy Pot Stocks

Posted by James Russo

Though I've never used illicit drugs, I do regularly drink caffeine through my coffee habit, consume alcohol via two or three glasses of wine a year, and have ingested nicotine having smoked a handful of cigars over the past couple of decades. As a libertarian on social issues, I won't comment on whether or not marijuana or other drugs should be legalized. As a fiduciary charged with providing a sound rate of return for my clients, I don't make any moral judgements on companies in which I invest as there is too much grey involved in making a judgment as to the goodness or evil of a company's people or its goods.

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Topics: cannabis industry, stocks, market forecasts