As CNBC noted, marijuana “still is very much a macro story for investors.” Rather than one marijuana stock or another notably outperforming its peers, more often, they all move up or down en masse based on events and news that relate to the industry as a whole.
As Marijuana Moment reported last week, Rep.
clearly the price of cannabis stocks.” But if investors are betting on marijuana getting legalized this year, or even next year, they could be in for a rude awakening.