Marijuana Stock Bubble 2.0 Is Here
You'd struggle to find an industry that's generated more robust returns than cannabis in recent months. The ETFMG Alternative Harvest ETF, a basket fund that contains an assortment of direct and ancillary marijuana stocks, is up 212% since the end of October (through Feb. 10).
Some individual pot stocks have performed multiple times better. Sundial Growers (NASDAQ: SNDL), Tilray (NASDAQ: TLRY), Aphria (NASDAQ: APHA), Aurora Cannabis (NYSE: ACB), and HEXO are up a respective 2,280%, 1,190%, 535%, 388%, and 341% since the end of October.
It begs the question: What are investors smoking?
Source Fool.com


