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|Subject: Will Falling Cannabis Prices Hurt Marijuana Stocks? Sun Feb 05, 2017 7:17 pm|| |
|Cannabis prices are going to pot.|
As increasingly more marijuana growers entered the market and more states allowed residents to legally grow marijuana, cannabis prices dropped throughout 2016. Wholesale marijuana prices late in the year were roughly half the levels of 12 months earlier. Will this trend continue -- and possibly hurt leading marijuana stocks including Aphria (NASDAQOTH: APHQF), Aurora Cannabis (NASDAQOTH: ACBFF), Medical Marijuana, Inc.(NASDAQOTH: MJNA), and even GW Pharmaceuticals (NASDAQ: GWPH) in the process?
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