Canadian Marijuana Stocks took quite a hit today. In some cases closing down nearly 20%. This correction comes after the sector has seen strong growth for the last month or more. This was the saddest photo we could find. She certainly look upset, if not sad.
Here are two companies we have been following. We missed the boat and are waiting for stocks to drop dramatically before buying into them.
Aphria Inc - Which has skyrocketed over the last month saw a 16.81% drop today. It will be interesting to see where this one goes tomorrow. Personally I don't believe the correction / sell-off has ended yet.
Aurora Cannabis Inc - An equally strong Pot stock, dropped 9.07% today. Killing nearly all of the gains on the week.
Disclaimer: We currently do have own nor intend to buy into these companies at this time. But it's crazy how volatile these stocks are. One needs to exercise caution and do your research before buying.
Do you have any Marijuana stocks? Are you selling or buying right now? We'd like to hear your thoughts on this sector.
MM's
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