This amounted to a loss of $0.28 per diluted share for the quarter, beating estimates.
But now, investors are looking at a bit of risk once more with so many stocks on sale.
Cannabis stocks could be one of the areas where investors move their focus, with the potential for huge returns at such low prices.
All this is to say that while it seems like there might be a bit of excitement surrounding these cannabis stocks, investors should be very careful.
Until there is substantial movement towards legalization, these companies continue to have a huge barrier — especially Canopy Growth stock.
So, if you’re a patient investor, then Aurora Cannabis stock, Canopy Growth stock, or even Hexo stock could be good buys.
This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor.
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