Are Cannabis Stocks Ready to Take Off Again? – Marijuana Stocks … – Marijuana Stocks (press release) (blog)

Since the beginning of the year, a slew of new news has led to the speculative decline of some of the most popular stocks in the industry. This negative advancement has not at all shown the true value behind the marijuana industry, but rather has followed news sources and the sentiment they share. The industry on cannabis has been on the up and up for some time now and with legalization happening around the world in places like Canada and beyond, it seems like the only place to go is up.

The cannabis industry is very much based on the idea of speculation. This is so given the infancy of the market as a whole. When markets are very young, they tend to react more highly to news than other more established markets. The true nature of many stocks in the industry cannot fully be realized because of this. One example comes from that of Canopy Growth Corp (OTCMKTS: TWMJF). The stock saw an appreciation rate of over 220% during the 2017 year. This positivity quickly came to an end as many different news pieces hit the industry in the beginning of the year.

The current state of cannabis is seeing a correction in the market that is bringing prices down and up in a rapid way. This high level of volatility has been quite a large issue for the market, because many people are unable to accurately value companies as well as figure out which stocks to invest in. Many are stating that there a few indicators that we can expect to see in the near future that will help to determine when this correction will be over. One of the first indications that this correction will end is the development of technical price patterns in

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