Aphria Inc fka APHA

[Goodbuddy4863]

Will Falling Cannabis Prices Hurt Marijuana Stocks?

https://www.fool.com/investing/2017/02/05/will-falling-cannabis-prices-hurt-marijuana-stocks.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2&yptr=yahoo

So far, so good:

"Most marijuana stocks don't seem to have experienced any negative effects from falling cannabis prices so far. For some, the reason is simple: Cannabis prices haven't plunged in their markets.

Aphria and Aurora, for example, operate in Canada. The medical marijuana companies' stocks have more than quadrupled over the past 12 months. However, the dynamics of the Canadian market are quite different than in the U.S.

Canada allows use of medical marijuana but places restrictions on such usage. Patients must receive authorization by a healthcare practitioner to obtain marijuana for medical purposes. Canadians can grow limited amounts of marijuana for medical use, but any purchases must be made from licensed distributors such as Aphria and Aurora."
_________________________________________________________

My Take:
Canadian Marijuana Stocks have nothing to worry about, but U.S. Marijuana stocks should be concerned!