In the past year, we have witnessed the growth and destruction of some of the largest pot stocks in the industry. These companies, which have multi-billion dollar market caps, have seen the brunt of market volatility in only a short period of time.
But what does this say about the overall cannabis market? For one, the infancy of the industry is one of the main catalysts for high levels of volatility and future uncertainty. Interestingly enough, we have seen some stability begin to enter into the cannabis industry.
This is characterized by some much-needed growth and low rates of fluctuations in that time period. But the ultimate question remains; can the big guys stay on top? It seems as though for now, there is a handful of pot stocks that have cemented their names at the height of the industry.
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But with investors moving toward alternative marijuana stocks, it seems as though this may not be the case forever. These two big-name Canadian pot stocks are working to up the gains they make moving into the future. But with a past of major issues, can these two companies keep it together moving into the future?
How Is This Marijuana Stock Impacting the Industry
Canopy Growth (CGC Stock Report) is considered to be the largest pot stock in the whole of the industry. The company has a market cap of around $8 billion which is quite substantial. With over 5 million feet of growing space and ten facilities in its lineup, the company is a major player in the cannabis industry. Despite these seemingly positive factors, the company has had some major troubles with its free-flowing cash. With massive operating losses, investors began to lose faith in the company.
Additionally, after receiving a multi-billion infusion of capital with the hopes of making cannabis-infused beverages, the company instead went on a spending spree in the form of several large acquisitions. The company has also seen some solid gains in the past month, but there is no guarantee of how long it will last. For now, the company remains a valid marijuana stock to watch simply because of its stature in the cannabis industry.
A Big Name Canadian Marijuana Stock
Tilray (TLRY Stock Report) is another one of the largest companies in the industry. The company has also had some major troubles in regard to finding profitability in the past year or so. The company has had a lot of troubles in the Canadian market as well which has brought its stock price down quite a large amount. With a massive overvaluation occurring last year, we have seen Tilray’s stock price shoot down from its high in 2018 by almost 90%. 
This could signal that the company is a value buy at the current point in time, but that would mean that we think there is a bright future for Tilray which may not be the case. One of the only things working in Tilray’s favor is the fact that it is one of the largest companies in the industry. With this standing, it seems like it is possible that the company could make a comeback, but truly only time will tell. For now, investors should be wary about the company given its past and the current state of Tilray wholly.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
