Are These 3 Beaten-Down Pot Stocks Bad News Buys?

What started out as a great year for many cannabis stocks has deteriorated into a miserable one. That's especially true for CannTrust Holdings (NYSE: CTST), Canopy Growth (NYSE: CGC), and Tilray (NASDAQ: TLRY). All three stocks were up big earlier this year but have lost all of their initial gains and then some.

Are these beaten-down pot stocks now bad news buys? Or are they simply bad news? 

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Source Fool.com