HEXO - MJ: Great Long-Term Opportunity At A Much Lower Price

(Source - Pexels/Michael Fischer)

The Marijuana space is probably the single most interesting growth industry today. As the global trend has veered toward medical or even recreational legalization, the industry has shifted from the black market to the public markets. Thus far, public market investors in the space have largely not yet made a profit. The industry is highly idiosyncratic and has almost no general market equity correlation. While this is a good thing because it adds diversification value to a portfolio, it also makes for very volatile trends.

During the first three months