It's on Like Donkey Kong: The Marijuana Price Wars Have Begun in Canada
Right now, cannabis projects as one of the fastest-growing industries on the planet over the next decade. Growing a plant may not seem all that lucrative, but when billions of dollars of a product being sold globally in the black market begins to shift toward legal channels, the sky becomes the limit.
Yet, despite various estimates calling for robust growth, marijuana stocks have been nothing short of a disappointment over the past six-plus months. Canadian pot stocks have been especially brutal, with most companies seeing 50% or more of their valuations wiped away.
Image source: Getty Images.
Source Fool.com