Pot Stock CannTrust's Poor Judgment Just Cost It $58 Million
Practically one year ago on Oct. 15, 2018, marijuana stocks would peak at their collective all-time high, as measured by the Horizons Marijuana Life Sciences ETF, the very first exchange-traded fund focused on cannabis. Since then, it's been a wild -- and mostly disappointing -- ride.
Of course, no shareholders are more disappointed than those of Ontario-based CannTrust Holdings (NYSE: CTST). Shares of CannTrust are down more than 90% over the trailing one-year period.
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Source Fool.com
