After early high, a rude awakening for cannabis stocks in 2019

  • 📰 eNCA
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

After sparking a Wall Street craze in 2018, cannabis companies fell flat in 2019

File: Marijuana is still selling well in Colorado, which in 2014 became the first US state to legalise its recreational use.NEW YORK - After sparking a Wall Street craze in 2018, cannabis companies fell flat last year, faced with disappointing growth in Canada and a frustrating hodgepodge of regulations in the United States.

Early on, investors bet big on consumers' appetite for cannabis products, watching eagerly as more US states authorised medical and even recreational use and Canada legalized pot smoking nationwide in October 2018.

 

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

 /  🏆 49. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

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

Business Day’s top 10 economy stories of 2019Here are some of the most read economic stories of the year
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Day’s top 10 economy stories of 2019Here are some of the most read economic stories of the year
Source: BDliveSA - 🏆 12. / 63 Read more »