ALEAF - Aleafia Stock in a Rut? Here's What's Been Happening

Since Canada legalized cannabis last October, pot stocks have been in for quite the ride. Scandals have dragged down some of the biggest and most promising names in the industry, such as CannTrust (TSX:TRST) (NYSE:CTST) and Canopy Growth (TSX:WEED) (NYSE:CGC), while some of the more promising small stocks have failed to meet the hype. Aleafia Health (TSX:ALEF) (OTCQX:ALEAF) is one such penny pot stock that has been a victim of market overvaluation, with Aleafia stock tanking 75% from a pre-legalization peak.

It’s easy to blame market overvaluation or ...