When it comes to investing in cannabis stocks, theCannabis stocks have had a harsh comedown as investors' enthusiasm about the prospects for strong growth and blockbuster company mergers has dimmed.
"The big issue there has been an issue of oversupply," said Canaccord Genuity analyst Bobby Burleson."This last earnings season you saw companies struggling from excess supply and shortfalls in demand." The Department of Justice is still reviewing several proposed deals that were announced late last year and early this year for possible antitrust concerns.
Government regulations remain hurdles for companies in the business of growing, distributing or selling cannabis. Still, industry analysts project the market for marijuana products will continue to grow over the next decade, which should bode well for cannabis stocks.
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New York, Cali and Nevada are pricing people out. Not letting the little guy live. In Colorado it’s thriving because it’s fair and not overpriced.
Ok. I read this as cannabis “socks” and that was...weird.
Great news! The damage to mind and body far outweigh the gains it may garner for municipal government budgets. Where will they be when it comes time to repair the damage? The'll send the bills to the taxpayers.
Cannabis + weapons what a SOCIETY!!!
Good they should not legalize it in the first place. It makes people lazy and move to worst kinds of drugs.
Haha “harsh comedown” this guy definitely listens to 311
White folks can't destroy the weed market
It's really hard to wanna invest in something when the Presidents so wishy washy about legalization.
Buy low sell high. Start a 1/2 position now.
Theses stock are affordable again 🤑
They came down from the high.
there wouldn't be a market AT ALL if we could grow it ourselves, lmfaooo
Legalize it realDonaldTrump
Buy
But I have a stock pile so I’m good ✅
Stay off the Mary Jane! My nephew use to be a weedie and now he’s gay. Watch yer kids if you don’t want thm 2 be addict to the devils grass
How much did Epstein and his banker lose?