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

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

Nigeria Nigeria Latest News, Nigeria Nigeria 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: StatCanThe average price of a legal gram of recreational pot last year was $9.70, versus $6.51 on the illicit market How surprising 🙄
Source: nationalpost - 🏆 10. / 80 Read more »

Pot 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.
Source: nationalpost - 🏆 10. / 80 Read more »

Cannabis 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.
Source: nationalpost - 🏆 10. / 80 Read more »