Pot Investors: This Mistake Cost a Growth Company 35% of its Stock Price!

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Pot Investors: This Mistake Cost a Growth Company 35% of its Stock Price!

Flickr / Investment Zen / CC BY 2.0

Marijuana companies should be careful in overselling how much growth will be achieved or what the prospects will look like for the industry. There is a recent example that pot investors would be wise to review, and that’s what happened with Freshii Inc..

The company boasted that its growth had been faster than McDonald’s Corporation, but when Freshii announced last week that it was significantly dropping its forecasts for 2017, the stock saw its share price drop 35%.

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