Analysis originally distributed on May 10, 2017 By: Michael Vodicka of Cannabis Stock Trades
If you like getting a good deal then once again the time has come to take a look at cannabis stocks.
The cannabis sector has fallen into a bear market. A bear market happens when a stock falls 20% or more from its 52-week high.
After posting massive gains in 2016 and early 2017 – the MJIC Index North American Cannabis Index is down 25% from its 52-week high. Take a look.
I don’t see any fundamental reason for the pullback. As always there has been plenty of good news coming out of the cannabis industry. [Read more...]