Despite the great benefits from legalized, recreational marijuana, which includes a drop in crime rates and an influx of tax revenues, there is a potential downside – specifically the growing risk to stock market investors. Marijuana-related penny stocks have been soaring higher in price, but have they reached overvalued levels? According to analysis by Peter Leeds and his full team of penny stock reviewers, most marijuana stocks, the majority of which started trading in penny territory, are dramatically overpriced. This is true even after they recently came back down from higher levels. Peter Leeds suggests caution when looking into most of these marijuana-related penny stocks and businesses.
Taking a Look at Pot Stocks
