|Bid||0.00000 x 0|
|Ask||0.00000 x 0|
|Day's Range||23.50000 - 24.24000|
|52 Week Range||4.90000 - 35.88000|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Unlike its southern neighbor, Canada legalized medical marijuana nationwide back in 2001. Further, Canada introduced the Cannabis Act recently and the bill to legalize recreational pot use is expected to pass by July of 2018. Not so in the U.S., where the immediate future for legal weed is in question, after Attorney General Jeff Sessions overturned an Obama-era law that protected states choosing to liberalize legal marijuana laws.
Bruce Linton is the CEO of Canopy Growth Corporation (TSX:WEED), which has recently grown to a market capitalization of CA$6.09B. Understanding how CEOs are incentivised to run and grow theirRead More...
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Canadian cannabis producers have seen their stocks, on average, decline 39% from the peak three months ago, with several factors contributing to the decline.
Canadian cannabis companies are making headlines for sky-high valuations, high-profile acquisitions, and international expansion plays. Some of this hype is justified, as Canada seeks to become the world's largest country to legalize cannabis, but are these bullish valuations built on shaky ground?
With marijuana headed for legalization in Canada, these penny stocks offer direct exposure and could help you get a piece of the pot.
Jim Cramer looks at the blazing bull market in marijuana to see if the stocks are good buys or about to go up in smoke.