The Canadian Marijuana Industry Is a Disaster, and Aphria Just Confirmed It
Roughly one year ago, the cannabis industry could do no wrong. Canada had just become the first industrialized country in the world to give cannabis the green light in the modern era, and it was widely believed that, by the turn of the decade, marijuana stocks would be seeing green (i.e., become profitable).
Furthermore, there was excitement about the upcoming launch of "Cannabis 2.0." This is a fancy way of describing the launch of derivative products, such as edibles, infused beverages, vapes, topicals, and concentrates, which weren't legal between Oct. 17, 2018, the official launch date of adult-use sales, and Oct. 17, 2019, which is when regulations concerning derivatives went into effect.
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Source Fool.com
