Why These Top Marijuana Stocks Got Slammed Today
It was a terrible Tuesday for most marijuana stocks, particularly the Canadian ones. Tilray (NASDAQ: TLRY) sank by nearly 12%, while its partner-to-be Aphria (NASDAQ: APHA) fell by 9%. Canopy Growth (NASDAQ: CGC), Aurora Cannabis (NYSE: ACB), Organigram Holdings (NASDAQ: OGI), and HEXO (NYSE: HEXO) were close behind, sliding at rates from 4% to 7%.
If there's one thing investors despise, it's uncertainty. Tuesday's big question mark was New York, which is considered by many weed-watchers to be the next likely state to legalize recreational marijuana.
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Source Fool.com
