Marijuana Penny Stocks Reporting Strong Revenue Growth From First Full Quarter of Legal Cannabis Sales
In the lead-up to the October 2018 legalization of recreational adult marijuana in Canada, cannabis stocks were on a tear. So much so, it was difficult to find a marijuana stock trading at seemingly fair valuations. None of the weed companies had even started to generate revenues from recreational marijuana sales, but investors were optimistic.
We're now into earnings season and pot stocks are reporting their first round of quarterly results that include sales from recreational marijuana. It's time for cannabis players to justify their lofty valuations with equally frothy.
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In the lead-up to the October 2018 legalization of recreational adult marijuana in Canada, cannabis stocks were on a tear. So much so, it was difficult to find a marijuana stock trading at seemingly fair valuations. None of the weed companies had even started to generate revenues from recreational marijuana sales, but investors were optimistic.
We're now into earnings season and pot stocks are reporting their first round of quarterly results that include sales from recreational marijuana. It's time for cannabis players to justify their lofty valuations with equally frothy.
Den vollständigen Artikel lesen ...