Feeling burned: The first year of legal cannabis has been a complete disaster for investors

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The Aspie Toker
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Feeling burned: The first year of legal cannabis has been a complete disaster for investors

Post by The Aspie Toker »

The legalization of cannabis in Canada was supposed to be a catalyst — the most powerful one yet, investors and analysts alike thought — that would launch companies in the young but potent industry to new heights. Instead, nearly one year later, it has been a nightmare.

Since recreational cannabis became legal on Oct. 17, 2018, the shares of what were then the 10 largest Canadian cannabis producers by market capitalization have been bludgeoned, yielding an average negative return of more than 57 per cent for investors.
https://business.financialpost.com/cann ... -investors
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Wayne36
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Re: Feeling burned: The first year of legal cannabis has been a complete disaster for investors

Post by Wayne36 »

It's simple that's why investors are losing so much cause there over pricing and not getting enough return cause people will grow there own or get it off the streets. Low your prices up your quality and maybe you wont lose so much money

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