Wall Street's 'dean of valuation' says pot stocks are too pricey
October 16, 2018 at 18:20 PM EDT
While shares of marijuana companies may be reaching sky-high valuations, Aswath Damodaran believes "the numbers are not there" to invest confidently just yet. From his point of view, no pot stocks have provided "compelling enough stories" that make them worth buying at such high valuations.