Aurora Cannabis (ACB – Free Report) , Tilray (TLRY – Free Report) , and Canopy Growth Company (CGC – Free Report) are a few of the hyped up marijuana stocks we saw hit the markets in 2018. The “Cannabis Craze” had everyone and their brother buying up marijuana stocks. These cannabis stocks didn’t have enough free-floating shares to cover the massive amount of buy interest leading them to skyrocket at the end of 2018 far above their fair value.
Investors jumped into these stocks on the announcement of Canada legalizing recreational marijuana, which was official on October 17th of last year, on the hopes that the United States would follow suit promptly.
The logic behind investing in a Canadian cannabis company isn’t entirely flawed. These companies have established infrastructure and economies to scale that would allow them to quickly address the needs of
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