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Stock impact report

Surprise! Billionaire Money Managers Bought These 4 Pot Stocks in the Fourth Quarter [The Motley Fool]

Altria Group, Inc. (MO) 
Last altria group, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: altria.com/investors
Company Research Source: The Motley Fool
As you're probably aware, marijuana stocks had an awful 09. Though last year was supposed to be when cannabis stocks proved to Wall Street that they deserved premium valuations, supply issues in Canada and high tax rates in select U.S. markets derailed these plans. Instead, most pot stocks lost money as the black market continued to thrive throughout North America. But what you might be surprised to learn is that, in spite of these struggles, big-time money managers were buyers of Image source: Getty Images. No joke: Money managers even billionaires) bought cannabis stocks in Q Every quarter, asset management firms with more than $00 million under management are required to file Form F What really stood out, courtesy of data provided by F aggregator WhaleWisdom.com, is that four pot stocks saw a significant uptick in institutional ownership, at least among F filers. Between the end of the third quarter and the end of the fourth quarter, the amount of shares held by F filers in the fol Show less Read more
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