Aurora Cannabis Finally Enters the U.S. -- Here's Why You Should Hold the Applause
For years, there was no hotter investment on the planet than marijuana stocks. With Canada legalizing recreational cannabis in 2018 and tens of billions of dollars in sales being conducted annually in the black market worldwide, the door appeared to be wide open for North American licensed producers to seize this opportunity and deliver the green for investors.
But over the past 13-plus months, investors have only seen a sea of red. Regulatory-based supply issues in Canada, stubbornly high tax rates in the U.S., and financing concerns throughout North America have haunted the industry and sent pot stock valuations tumbling.
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Source Fool.com
