Forget October: Here's the Right Marijuana Move for Investors Now
But the combination of a broader market correction and a "sell the news" mentality after cannabis became legal in Canada led to dramatic declines.
Good article on the recent violent swings in the Canadian cannabis stocks. I've invested in a couple of the ones listed in teh article and have no plans to sell anytime soon. In fact, I think now is a great time to buy more. It's funny that the article mentions 'sell the news' which I predicted, but stupidly didn't sell any, just road them down. Big mistake on my part, could have possibly doubled my shares in some of the ones I'm invested in......
Read the full story here...
https://www.fool.com/investing/2018/11/04/forget-october-heres-the-right-marijuana-move-for.aspx
Cronos is down to around Can$11, from a high of around Can$19.....
Wow ... that's amazing, in my area marijuana is still illegal. When it was still legal, marijuana was used as a spice in my place.
Interesting, I've never heard of it used as a spice, live and learn.... :)
This post has been found valuable and upvoted by El surtidor
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Thank you very much.