TLRY - Here's the Best Cannabis Stock to Buy in November
Over the past six months, cannabis stocks have turned into the 2019 Cleveland Browns of the investing world. In effect, enthusiastic fans widely expected this group of equities to be world beaters heading into 2019, but their on-the-field performance has been another thing entirely so far this year.
Some of the biggest names in the space, such as Aurora Cannabis (NYSE: ACB), Canopy Growth (NYSE: CGC), Cronos Group (NASDAQ: CRON), and Tilray (NASDAQ: TLRY), for instance, have all seen their share prices drop by more than 50% since the start of May. Worse still, these Canadian pot titans still sport exorbitant valuations based on their near-term growth prospects -- even after their drastic declines during the second half of the year.
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