The cannabis industry is evolving, but does that mean a market turnaround is coming?

San Francisco North American cannabis companies are slogging their way through another rough earnings season.

On Thursday, it was the industry leaders' turn to take their licks. Canada's Canopy Growth and Aurora Cannabis ' stocks were rocked as their financial performances again missed expectations amid ongoing market weakness in Canada and beyond. Those companies and others that tried to live up to sky-high valuations and overly optimistic projections are being greeted by stark realities: New cannabis markets take time to develop, and ongoing regulatory limbo only fuels uncertainty.

👍👍👍👍👍👍👍👍👍👍👍👍👍👍

So cheaper weed? 🥳

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

125 Years of Billboard: How the Music Business Changed Across DecadesBillboard’s new issue celebrates the 125th anniversary of the magazine -- and all the ways the music industry has evolved along with it.
Source: billboard - 🏆 112. / 63 Read more »

How much do cannabis industry jobs pay? Vangst salary guide for 2019 - Business InsiderThe cannabis industry is set to employ 400,000 people in the US by 2021 — here’s how much key jobs in the industry pay, from budtender to cultivation director
Source: BusinessInsider - 🏆 729. / 51 Read more »

Cannabis investing slump: stocks fall, layoffs, fewer deals - Business InsiderLayoffs, cratering stocks, and blown-up deals: 11 experts take us inside the cannabis industry's meltdown and tell us where the industry goes from here
Source: BusinessInsider - 🏆 729. / 51 Read more »