Pot is legal in Canada. These are the stocks to watch
New York (CNN Business)Recreational marijuana is legal in Canada as of Wednesday. And investors seem to have the munchies for cannabis stocks.
Shares of Canadian cannabis companies Canopy Growth (CGC), Cronos (CRON) and Tilray (TLRY) — which trade in the United States — have soared in the past week — and all year for that matter.
But they have all been extremely volatile and they plunged Wednesday too, a classic case of investors buying the rumor and selling the news.
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