2014 performance of cannabis stocks by quarter
Marijuana stocks in general are extremely volatile
Marijuana Business Daily (US)
Monday, March 2, 2014
Monday, March 2, 2014
Cannabis stocks proved lucrative at the beginning of 2014, but the chances of a solid return deteriorated in the second half of the year. An investor who pumped money into a mix of securities followed by the Viridian Cannabis Stock Index in early January of last year could’ve netted a 938% return at the end of the first quarter. That equates to a profit of nearly $94,000 on an initial investment of $10,000. But a similar investment made in the second quarter would’ve only netted an investor $283 in profits. From there, the chances of a loss increased dramatically.
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