3 Cannabis Stocks Billionaires Were Buying in Q2
Over the past 16 months, investing in the cannabis space has been challenging, to say the least. All next-big-thing investments eventually run into growing pains, and April 2019 marked the beginning of these hurdles for the North American pot industry.
To our north, regulatory-based supply concerns have caused everything from shortages to rampant oversupply, depending on the province. Meanwhile, high tax rates on legal weed in the U.S. has made it very difficult for licensed producers to compete with the black market. As the icing on the cake, access to financing has been troublesome throughout North America.
Image source: Getty Images.
Source Fool.com
