This Could Be the Biggest Cannabis Winner of the Stock Market Crash
Whether it's the ongoing COVID-19 outbreak or Saudi Arabia's recent attempt at an oil price war with Russia, there's a lot going on for investors to be worried about. The Dow Jones fell by over 2,000 points -- or 7.8% -- on Monday, extending what's been an already difficult past two weeks for the markets.
The situation isn't much better for cannabis stocks. The sector as a whole had seen substantial declines for most of 2019, a time when the rest of the stock market was doing well. If things are going to get worse from here on out, cannabis investors need to be very careful about where they put their money.
While other large-cap pot stocks are struggling to get their financial situations under control, there's one cannabis company that has impressed investors with its record of profitability. That company is Aphria (NYSE: APHA), and here are a few reasons why this stock could do well, especially as markets continue to crash.
Source Fool.com