Summary: The Canadian cannabis stocks had an excellent year in 2017 led by the Licensed Producers ((LP)). In late October, Constellation Brands (NYSE: STZ) stepped up to make the first major inter-industry investment when it purchased 9.9% of Canada's and the world's largest cannabis company Canopy Growth (OTCPK:TWMJF) This appears to have turned on the light bulb for investors and industry participants as well. Cannabis stocks commenced a strong rally as cannabis companies began to go on a buying spree of companies in the industry. I expected a modest correction based on