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Marijuana Stocks Fall, Will the Buzz Kill Continue?

T.ACB, T.CRON

Marijuana Stocks Fall, Will the ‘Buzz Kill’ Continue?


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

About SmallCapPower.com

SmallCapPower.com (SCP) is the industry's most trusted resource for small cap stocks, offering unprecedented access to the research and tools you need to help uncover the next big thing.

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To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/SmallCap06272017.pdf
Source: SmallCapPower

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