Toronto, Ontario (FSCwire) - The Ubika Marijuana Stock Bubble Index is seeing
serious red in 2017, with stocks dropping 14% on average since the start of the year. The decline in the industry is likely due
to a number of factors, including: an increasingly crowded sector, which now boasts 226 marijuana stocks; overall investor
fatigue for early marijuana stock investors; uncertainty regarding product recalls, with Health Canada cracking down on pesticide
use; questions surrounding recreational marijuana use, regulations that are still unanswered; as well as investors becoming more
aware of the bubble-like valuations the industry exhibits. Stocks discussed in this issue include Aurora Cannabis
Inc. (TSXV: ACB) and
Cronos Group Inc. (TSXV: MJN).
Read the full report at https://smallcappower.com/reports/bubble-index/marijuana/marijuana-stocks/
Related: For Our Complete Coverage Of Canadian
Marijuana Stocks Click Here
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Phone: 416.646.1941
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Source: SmallCapPower
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