U.S. Markets close in 5 hrs 16 mins

Pot Stocks Too Pricey, Stay Out for Now: NYU Prof

Shoshanna Delventhal

The market watcher's comments come just as recreational marijuana is legalized in Canada on Wednesday. Damodaran expects the industry's key players to remain in Canada, while business in the U.S. is "handicapped" by differing regulations between the state and federal levels.