re: Cannabis stocks...are they a buy?

The market is still very much in its infancy if you ask me. Any investing done will be pure speculation and high risk.

The input costs I've read about to grow it on any sort of commercial scale are high and regulation is strict. There are supply chains to build, major distributors (such as grocery stores/pharmacies) need to buy in, and perhaps most importantly there is still a stigma attached to it that will inhibit market growth for a while yet.

All of this is to say that even though the government is coming around to the idea that doesn't mean the market will start booming overnight. None of that sounds like an appealing buy to me.