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Weed stocks are sliding as Canada becomes the 2nd country to legalize marijuana

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Canada on Wednesday became the second country to officially legalize marijuana. Marijuana stocks were trading down by 2% to 7% ahead of the opening bell.

 

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Canopy Growth shows surging pot sales in late-arriving earnings reportThe largest pot company by market value, Canopy Growth Corp., reported a 283% increase in quarterly revenue as marijuana became legal in Canada, but earnings were slammed by paper losses, according to a securities filing late Thursday evening. That’s not a lot,wait til store fronts open up, it’s sure to double . Weed is the future , opiates and alcohol are the past, man ..
Fuente: MarketWatch - 🏆 3. / 97 Leer más »