These 12 Pot Stocks Soared by Double Digits in July
For those of you nauseated by the stock market volatility this year, understand that you have nothing on the roller-coaster ride that cannabis stock investors have been on since 2017.
Through the first quarter of 2019, marijuana stocks were virtually unstoppable. With tens of billions of dollars in sales being conducted each year in the black market, it seemed only logical that legalizing adult-use weed in Canada, and at the state-level in multiple U.S. states, would lead to rapid growth in legal pot channels. In many instances, all it took was a promise of capacity expansion or an acquisition announcement to send pot stock valuations to the heavens.
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Source Fool.com
