Reported 1 day ago
Investing in Cresco Labs (CRLBF) five years ago would have resulted in a significant loss, with an initial $1,000 investment dwindling to about $200 today. The marijuana industry faces challenges such as illegal federal status, competition from the black market, high taxes, and profitability issues. While there's potential for future growth with ongoing legalization efforts, current conditions suggest that investors may want to consider other stocks for better returns.
Source: YAHOO