Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Marijuana Stock Bubble 2.0 Is Here

TheMotleyFool

0 0

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

Like: 0

CGC

Share