the selling is all to do with the Bloomberg articlein my humble opinion If they delay, theres going to be a lot of eggs that are going to break in this business, Chris Damas, an analyst at BCMI Research in Barrie, Ont., said by phone Monday. The valuations are extreme. Licensed marijuana producers are in the midst of expanding their capacity and there will be a huge amount of excess cannabis if Canada delays legalization, Damas said. The analyst said Blairs previous comments suggest its unlikely the government will introduce a bill by June and companies with huge valuations wont have any serious business if the recreational market takes longer to come to fruition.