3 Big Reasons Why the Sizzle Has Fizzled for Marijuana Stocks

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With one-fourth of the year already gone, 2018 has turned out to be a pretty dismal year for marijuana stocks so far. None of the largest Canadian marijuana stocks have positive year-to-date returns. Aphria’s (NASDAQOTH:APHQF) share price has plunged nearly 40% this year. Anyone could see this issue coming from a mile away. I wrote in late January about the one thing that should worry marijuana stock investors the most. That one thing was stock dilution. Within the span of a few weeks in January, nearly all of the biggest Canadian marijuana growers announced bought deal financing transactions. 3 Big Reasons Why the Sizzle Has Fizzled for Marijuana Stocks

thumbnail courtesy of fool.com

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