Troubled Pot Industry Shows Its Pick-and-Shovel Trades

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Heard on the Street: Troubled pot industry shows its pick-and-shovel trades

Shareholders in cannabis stocks have lost money lately.

Companies that “touch the plant”—those that cultivate and sell pot, such as Cronos Group and Green Thumb Industries—have shed up to 50% of their market value over the past six months, as worries grow about profitability in the sector and the resilience of black-market sellers in legalized...

 

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MelissaLeeCNBC Pot is heading down, real estate is heading down, foreign Speculators are heading home. California is doomed.

MelissaLeeCNBC Industry are so funny when they won't make a bank, legal Bank for it. But steady making money off of it talking crap about it😂 the hypocrisy😂 Dre

John Boehner is getting oxygen...

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