Down 14% in 2019, Is Pot Stock Aphria Now a Buy?
When the year began, cannabis stocks were expected to pick up right where they left off the previous three years. In other words, it was expected to be another banner year for the green rush, considering that Canada had just commenced adult-use weed sales and derivatives were presumed to hit dispensary shelves by no later than October.
Unfortunately, it's been nothing of the sort for the pot industry. Although there have been a few cannabis stocks that have bucked the trend, the vast majority of pot stocks are down by double-digit percentages. This includes Aphria (NYSE: APHA), which is the 28th most-held stock on online investing app Robinhood and the fourth most popular pot stock.
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Source Fool.com
