Canadian Marijuana Stocks Moving Forward
There’s little doubt in my mind that the future of the pot stock market lies in U.S. marijuana stocks. I’ve written about the growth potential in that segment time and time again.
I wouldn’t blame you, dear reader, if you had gotten the impression that Canadian pot stocks, by contrast, were no longer of interest. But that couldn’t be further from the truth. Canadian marijuana stocks still have plenty of potential; they just need to be handled a little more deftly compared to U.S. pot stocks.
The Canadian marijuana market has made many millionaires over the past few years (and even a billionaire or two). It’s that potential for investor profit that led us to create the Marijuana Millionaire newsletter.
But something that you may have noticed is that, over the past two years, the Canadian marijuana market has been less than stellar.
So what happened?
The fervor that was generated by Canadian marijuana legalization many people licking their chops in 2015, with a deluge of capital hitting the market and sending many Canadian marijuana stocks soaring.
After all, this was the first major economy to federally legalize pot. Investors were right to be excited.
As such, the massive influx of retail investors and overzealous institutional investors sent share prices skyrocketing. We had valuations of Canadian pot stocks…
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Canadian Marijuana Stocks Moving Forward
There’s little doubt in my mind that the future of the pot stock market lies in U.S. marijuana stocks. I’ve written about the growth potential in that segment time and time again.
I wouldn’t blame you, dear reader, if you had gotten the impression that Canadian pot stocks, by contrast, were no longer of interest. But that couldn’t be further from the truth. Canadian marijuana stocks still have plenty of potential; they just need to be handled a little more deftly compared to U.S. pot stocks.
The Canadian marijuana market has made many millionaires over the past few years (and even a billionaire or two). It’s that potential for investor profit that led us to create the Marijuana Millionaire newsletter.
But something that you may have noticed is that, over the past two years, the Canadian marijuana market has been less than stellar.
So what happened?
The fervor that was generated by Canadian marijuana legalization many people licking their chops in 2015, with a deluge of capital hitting the market and sending many Canadian marijuana stocks soaring.
After all, this was the first major economy to federally legalize pot. Investors were right to be excited.
As such, the massive influx of retail investors and overzealous institutional investors sent share prices skyrocketing. We had valuations of Canadian pot stocks…
