A handful of MJ stocks have been able to uplist from the pinks, because of the investment $$$/potential of this red hot sector... but before the MJ boom, you rarely saw pinks uplist.
Ive been trading/researching pennies since the 90's, thousands of tickers. It is more common to lose your ass in the penny market than get rich... most penny investors would have made more long term if they invested in mutual funds. This is the truth... the people that pocket most of the limited $$$ moving around are the insiders, promoters, consultants and financiers, because they get big discounts/free shares, which they dump.
It takes solid DD to find long term winners. It is very hard and frustrating, because no matter how good a penny stock looks, there WILL be issues... expecting perfection from a penny stock is a fool's errand.
...but you only need ONE big one to change your life dramatically...
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