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For many weed stocks, the summer of 2017 hasn’t been what you’d call a scorcher — at least not so far. That’s especially the case in comparison to the huge run-ups experienced last year.
However, three marijuana stocks have sizzled this summer. Shares of Aphria (NASDAQOTH:APHQF), Aurora Cannabis (NASDAQOTH:ACBFF), and Canopy Growth Corporation (NASDAQOTH:TWMJF) are up by at least 20% since June 20, the official beginning of summer. Here’s why these hot marijuana stocks could get even hotter.
In the Golden State, some local and state regulatory agencies are conducting California cannabis raids to eradicate illegal operations before additional legal operations are brought into the fold.
After news of possible connections between experts hired to evaluate marijuana business applications and the applicants, Maryland marijuana officials are investigating potential conflicts of interest.
With recreational marijuana now legal in Nevada, home of America’s gambling capital, the casino lobby wants federal marijuana banking guidance on how to deal with money connected to state-legal marijuana markets.
