Cannabis Stocks Down Six Months in a Row: SNN and WEED in Green

Cannabis Stocks

After six straight months in the red, Rich is ready to call it “a blood bath” for cannabis stocks. Despite the downward trend, he maintains that this presents a unique buying opportunity for investors waiting on long-term industry growth.

The Canadian Marijuana Index peaked in mid-March at about $110.67. Since then it has steadily and consistently trended downwards, reaching $51.70 as of this morning. Industry analysts keep hoping that the sector has found a bottom, but unfortunately it shows no immediate signs of turning around.

Still, some cannabis stocks are showing growth. With red ...

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