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Last year, Canada became the breeding ground for numerous pot stocks following the country’s decision to legalize the use of marijuana for medical and recreational purposes. What followed was a mad rush of investors to take advantage of the budding market, which is estimated to be worth $66 billion by 2025. As the market grew […]
· September 25, 2019
Last year, Canada became the breeding ground for numerous pot stocks following the country’s decision to legalize the use of marijuana for medical and recreational purposes. What followed was a mad rush of investors to take advantage of the budding market, which is estimated to be worth $66 billion by 2025.
As the market grew bigger with the arrival of new players, identifying the wheat from the chaff has become a cumbersome task. On one end, there are promising stocks such as Village Farms (NASDAQ: VFF) that are low on market cap but high on fundamentals, while on the other end, there are stocks like CannTrust Holdings (NYSE: CTST) that are losing credibility by the day.