Despite Doubling, These Cannabis Stocks Are Bad News

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These three pot stocks are soaring — unfortunately their rallies lack substance. If you think the stock market has had a wild go of things lately, take a gander at marijuana stocks over the past three years. Until the end of the first quarter of 2019, pot stocks were virtually unstoppable. Promises of increased capacity, partnerships, and high-margin derivatives fueled upside, with Wall Street seemingly blind to the potential for growing competition. It was not…

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