Pot stocks find a bear with analyst warning of ‘end of cannabis rainbow’

Malaysia News News

Pot stocks find a bear with analyst warning of ‘end of cannabis rainbow’
Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Analyst cites structural problems facing producers as the reason for his bearish view and points out uncertain pricing in the sector

 

no kidding farmer can plant cheaper in a field than all those expensive green houses. That stuff is going to be cheap as potatoes.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Legal pot costs almost 50 per cent more than pot bought on the black market: StatCanLegal pot costs almost 50 per cent more than pot bought on the black market: StatCanThe average price of a legal gram of recreational pot last year was $9.70, versus $6.51 on the illicit market How surprising 🙄
Read more »

Pot stocks slide on first day of legalizationPot stocks slide on first day of legalization‘Market lacks perspective on Canada’s proverbial pot of gold’ — analyst fpinvesting Yes, thank you. Keep going up.
Read more »

Cannabis stocks are slipping on day one of pot being legal in CanadaCannabis stocks are slipping on day one of pot being legal in CanadaCannabis stocks are sliding on day one of pot being legal in Canada pot dot com! The valuations are ridiculous! Half way through the day and stocks are up. I just checked Supreme Cannabis, and while it did dip to $1.86 this morning, it's up to $1.98 right now (peak $2.03). It's going to have an impact because it's no longer a selective market targeting only a few producers and customers. Lol up 1000% and down 7% at one opening is 'tumbling'. Get out of here with your click bait.
Read more »



Render Time: 2025-01-10 22:19:57