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Wealth Professional | 11 Jun 2015, 09:15 AM Agree 0
If your clients are pushing you to help them invest in the explosive marijuana business, think again, one legal expert tells advisors.
  • Ross Birney | 11 Jun 2015, 10:53 AM Agree 0
    If a stock is trading on a regulated exchange then an individual should be allowed to buy and sell it. The decision as to whether to do so should be based solely on risk tolerance.

    At its essence, a medical marijuana company is no more "risky" than a biotech company who may have its trials disallowed, a junior mining company whose deposits may not materialize, an oil explorer whose well turns out to be a dry hole, or a tech company whose patents are determined to be invalid, etc.

    Our role is to help clients make a reasonable assessment of the level of risk involved in a particular investment decision, not pass moral judgment.
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