Did Robinhood investors flee in the Covid Crash?
No! They stayed (and thus presumably did well after as the stock market roared to all-time highs).
What kind of stocks do Robinhood investors hold?
This is relative to stock market-cap. No, Cannabis stocks are not their biggest holdings. Cannabis is more an “experience” or “curiosity” holding.
Yes, Robinhood investors did some weird stuff, but their collective crowd consensus portfolio is not as crazy as often portrayed. It also did not do poorly.