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bar1080

08/29/19 7:38 AM

#157303 RE: Monksdream #157297

SA: "Pot Stock Bubble: Is This The End?"

* "Months of downward trading for many Canadian pot stocks could suggest the bubble has popped for good this time.

* TLRY has never recovered from its post-swoon sell-off despite growing revenues, suggesting the largest bubbles are hard to re-inflate once they pop.

* Names like ACB, APHA, CGC and CRON have previously rallied following sell-offs, but recent rallies on good news are short-lived, and bad news is hitting stocks particularly hard.

* International expansion isn't necessarily a cure-all."

In recent years, a rising tide of increased media coverage, revenue growth due to legalization and billion dollar deals, has lifted just about every boat in the Canadian cannabis stock space. It hasn't been the best few months for many of the big names however, with many continuing a slide that started in March or April of 2019. This article has a look at some of the factors surrounding that slide to try and judge if the space can rebound any time soon."

https://seekingalpha.com/article/4288232-pot-stock-bubble-end