CTST - Ranking Canada's Top Marijuana Growers
To say that there have been big changes in the Canadian cannabis landscape in recent months would be a major understatement. Although Canada was expected to be a global marijuana pioneer given that it was the first industrialized country in the modern era to green-light recreational pot, a number of regulatory issues have stymied growth. As a result, most Canadian pot stocks continue to lose money, and many have needed to adjust their game plans, accordingly.
Perhaps the magnitude of these changes is best served by comparing peak production estimates for Canada's top-tier growers in early June 2019 to what those peak output estimates look like in February 2020, inclusive of pending asset sales and construction project halts.
Image source: Getty Images.