By Matthew Carr I was wrong.
A few weeks ago, I wrote about how there’s been a pattern in the five bear markets pot stocks have seen over the last three years.
In three of those five massive sell-offs, stocks hit lows in mid to late August.
So I thought we might be out of the woods. For a little bit, it looked like we might be.
Right on cue, at the end of August through the first two weeks of September, the North American Marijuana Index rallied nearly 10%.
But then the vaping crisis gained national attention. And the selling pressure was simply too much. Stocks hit …read more