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No. of Recommendations: 1
I also built a small portfolio of Canadian cannabis stocks with high expectations as legalization rolled around. Their government, however, was so completely unprepared for the big transition to full legalization that they have stagnated for a few years now. I hung onto some, like CGC (down ~70%) and TLRY (lost ~90%) with hope of rebound. Unless they can start to compete on prices with the black market, though, the entire industry shall fail. Maybe the edibles and beverages are the way out for them?
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