Weekly Cannabis Stock News: New Jersey Puts Pot on the Ballot
Two months after taking effect, the so-called Cannabis 2.0 initiative in Canada kicked into gear last week as derivative products finally started landing on store shelves. So the cannabis industry is winding 2019 down on a positive note. This is sorely needed after the many negative developments that hammered marijuana stocks in the second half of the year.
The debut of derivatives isn't the only reason for investors to feel better going into the New Year. Last week, another U.S. state voted to hold a referendum on legalizing recreational use. Of course, this being the cannabis sector, we have to temper the good with a bit of bad, too. Here, then, is a mixed bag of happenings in publicly traded marijuana during the week.
Image source: Getty Images.
Source Fool.com
