Here’s Why the Pot Stock Bubble Hasn’t Really Burst

Pot stocks have taken an absolute shellacking in recent months. Just look at the top five Canadian cannabis producers. Shares of Canopy Growth (NYSE: CGC), Aurora Cannabis (NYSE: ACB), Cronos Group (NASDAQ: CRON), Tilray (NASDAQ: TLRY), and Aphria (NYSE: APHA) are all down more than 30% from their highs earlier in the year. My colleague George Budwell even wrote recently that “the marijuana stock bubble has officially burst.” But has it really? I don’t think…

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Author: Keith Speights, The Motley Fool