Capitalism really said: “We may not be able to solve housing, healthcare or education… but we’ll make sure the cocaine gets cheaper and purer.” If this were a stock, everyone would be calling it a “deep value opportunity.”
Please do link to the source.
The chart looks like it’s from FT.
Potential cocaine investors (if legalization happens) should note that cannabis investors are sitting on sizable losses with most of the top companies (Mcap) trading below issue price.
RIP to those who bought the top.