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The 3 Biggest Mistakes Marijuana Stock Investors Are Making

icon of a dollar sign fading away into dust

Don't look now, but marijuana stocks are blazing hot, once again.

Pot stocks have been on fire since the beginning of November, which follows a roughly 19-month lull (April 2019 to October 2020) where they grossly underperformed. For instance, the ETFMG Alternative Harvest ETF, which holds stakes in dozens of direct and ancillary pot players, is up 129% since the end of October.

If you're wondering what changed, look no further than the political makeup in the United States.

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