Canada’s Marijuana Industry Has a New Problem

For years, cannabis stocks were the greatest thing since sliced bread on Wall Street. The expectation of ongoing state-level legalization in the U.S., coupled with Canada becoming the first industrialized country in the modern era to give marijuana the green light, was forecast to send pot stock valuations into the heavens — and for a period of time this is precisely what happened.
However, marijuana stock investors have received a dose of reality since the end of March 2019. Supply issues hav…

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