The marijuana industry has proved unstoppable in recent months. In the north, Canada has become the first industrialized country to legalize recreational marijuana, while in the United States, Bill billed hemp production and hemp-based cannabidiol products. In addition, two-thirds of all states have given green light to medical cannabis in some capacity.
For the pot stocks, while they may have had a tough fourth quarter, they have roared out of the port in 2019. The Horizons Marijuana Life Sciences ETF holding a basket of more than four dozen marijuana shares with varied weightings, rose almost by 50% in January, with some prominent pot stocks increasing by nearly 1
Ready or not, it's marijuana stock income season
The big question is, can marijuana stocks hold up this blazing pace of stock price increase? We find out this week since a number of brand potty stores are in print to report the latest quarterly operating results.
Although not all companies announce the report date, it is expected that Aurora Cannabis