Last week saw the majority of cannabis companies in both the US and Canada release their quarterly earnings, and if anything was gleamed from the first year of legal weed north of the border, it certainly led to tempered expectations. Across the board, we saw pot stocks sink in light of widening losses and underwhelming sales, leading to many of the major players scaling back production in an effort to reign in expenses after overreaching in the freshman year of legal pot.
The recent flurry of earnings reports tells us a great deal about the cannabis ...
Read The Full Article On PotStockNews.com
Get the latest marijuana stock news, cannabis on stock news on PotStockNews
All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer.