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The Canadian cannabis sector was absolutely savaged in 2019 as fundamental issues with demand and sky-high expectations from retail investors collided.

With the hot air largely out of Canadian cannabis stocks by year-end, investors started buying many of the beaten-down names in early 2020 expecting the next few months to be the bottom before a multi-year uptrend began.

Things haven’t worked out as expected so far and with the release of new data from Health Canada, we now know why.

– Read the entire article at Grizzle.

https://www.cannabisculture.com/content/2020/07/12/waiting-for-cannabis-stocks-to-rebound-prepare-to-wait-a-while-longer/

Associated Press

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