Whether you're an experienced investor with decades of stock-picking expertise or a brand-new participant in the market, 2022 has been a tough year. The S&P 500 index is down by 16% year-to-date. That's one of the sharpest market drops in decades, exceeded only by truly historic events: the Black Monday crash of 1987, the popping of the dot-com bubble in 2001 and 2002, and the 2008 subprime mortgage meltdown. Read More...
Motley Fool
3 Cannabis Stocks to Buy and Hold for the Next 10 Years
Just 10 years ago, only 18 states allowed the sale of medical marijuana, and of that group, only California, Colorado, and Washington also allowed legal recreational marijuana sales. A report by research firm BDSA estimated that global cannabis sales will go from $20 billion in 2021 to $57 billion by 2026, a compound annual growth rate of nearly 13%. At the MJ Biz Conference in Las Vegas earlier this month, Boris Jordan, the executive chairman of Curaleaf Holdings (OTC: CURLF), said that in 10 years, there would likely be only a handful of large companies and the business would be similar to how tobacco companies operate in the United States.
