We can agree the cream will rise to the top. I am just wondering if more legitimate investments will steal the thunder from penny stocks, big names like GW pharma and the potential upcoming first NYSE IPO that recently filed. CNBC will be talking about these names, not risking their rep on penny stocks.
I will be talking mostly in generalizations about the sector.
There will be a few names that survive and rise to the top and remain viable for years... considering the number of MJ pennystocks now, I would say about .5-1% of them.
THE biggest factor will be share and debt structure of the companies.