Have These Tumbling Cannabis Stocks Hit Bottom Yet?

in #cannabis5 years ago

If asked to pick the stock most likely to bounce back, it would be Cronos, but that's only because it has a lot more cash that might give it enough time to figure out how to make money selling marijuana.

Interesting article about whether or not Tilray and Cronos have bottomed yet. I agree that Cronos has a lot of cash and that gives it time to wait for a better market, and better yet, it gives them the ability to buy up smaller cannabis companies on the cheap. I don't know where the bottom is, but I do believe in this market long term.

Read the full story here.....
https://finance.yahoo.com/news/tumbling-cannabis-stocks-hit-bottom-153300118.html

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Cronos Group closed out last week a little over $12.00.......

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