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Tilray’s IPO is creating a buzz, but don’t overspend on marijuana stocks

Money is to be made in marijuana stocks in the long term. However, markets are not simple. Investors need expert guidance. Not only investors are not getting the needed guidance, they are getting burned by supposed gurus. Read on for the proof.

Let’s start with two charts.

Two charts

Please click here for an annotated chart of marijuana stock Canopy Growth CGC, +0.57%

Please click here for an annotated chart of marijuana stock Neptune Technologies NEPT, -0.65%

Please note the following from the charts:

• Canopy Growth stock ran up on excitement about the legalization of marijuana in Canada, and many gurus are urging investors to buy this stock as a once-in-a-lifetime opportunity.

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