Menu
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.

Weekly Cannabis Stock News: Scary CBD Warning Spooks Pot Investors

Marijuana stock investors are probably thankful that there are only a few weeks left in 2019. It's been a stinker of a year for them, with pot investments diving in value due to a myriad of negative


Marijuana stock investors are probably thankful that there are only a few weeks left in 2019. It's been a stinker of a year for them, with pot investments diving in value due to a myriad of negative factors (supply issues in Canada, high taxation on cannabis in key U.S. states that have legalized recreational use, etc.).

These days, it seems that when a sliver of optimism comes to this market, it's soon blown away by a fresh gust of negative news. So last week, the U.S. Food and Drug Administration (FDA) issued a dire update on cannabidiol (CBD), which obliterated the goodwill around pot stocks following some movement on the cannabis legalization front. Let's get right into it.

Image source: Getty Images

Continue reading


Source Fool.com

Like: 0
STZ
Share

Comments

You may not comment on this article as you either did not confirm your account yet or were blocked. If you think this is a mistake please contact us. Show more