America saw reefer madness take over the stock market last week.

For a few months now, the budding industry has captured the hearts, minds and money of many investors.

However, the party may have gotten a bit too crazy over the past few weeks.

There certainly appears to be a promising medicinal value to be had, but it is still early.

Just as the internet boom showed lots of promise in the late 1990s — as have bitcoin and blockchain more recently — things sometimes get ahead of themselves. The latest example is marijuana mania, with Tilray taking center stage. The Canadian cannabis company is backed by early-stage investor extraordinaire and billionaire Peter Thiel.

[Read More]