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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by MustardTiger88on Dec 14, 2016 12:26am
101 Views
Post# 25596309

Are weed stocks getting too far ahead of themselves?

Are weed stocks getting too far ahead of themselves?Ignore me, bash me as a bear, whatever, I'm just being realistic.  A lot of this momentum buying was with the assumption that legalization may come as early as summer 2017 but no later than the start of 2018.  According to the article legalization could be WAY off from that.  If legalization is potentially 2 years off do you think these companies will just ride with these valuations until then?  I'm not so optimistic and would like to hear what others think.
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