Millennials keep pouring money into marijuana stocks

102

Cannabis stocks have gained popularity among investors at Robinhood, a free-trading app popular among younger traders, after the legalization of recreational marijuana in Canada . Over the past week, three of the four most-added stocks on the app were marijuana producers. Millennials are not just buying individual stocks, but also snapping up exchange-traded funds that invest in a portfolio of cannabis-related stocks, according to a marijuana exchange-traded fund founder.

Ga naar Bron