One of the world’s largest stock brokerages is warning investors to steer clear of the ‘Wild West’ of legal marijuana stocks
|10/17/2018||Posted by BusinessMediaguide.Com under General World News||
- TD Ameritrade is warning investors to steer clear of marijuana stocks.
- The stock brokerage called out Tilray‘s wild swings in recent weeks as an example of “extreme volatility” and dangers to potential investors.
- Watch the video below.
TD Ameritrade is warning investors to steer clear of the burgeoning marijuana industry.
“The marijuana and cannabis industry — sometimes referred to as the Wild West of investing — is littered with high-flyers, potentially over-valued companies, and even scams,” the stock brokerage firm said in a three-minute video posted on its Youtube account.