Big Deals Are Guiding the Marijuana Stock Market Forward
The marijuana stock market has become heavily guided by the deals that companies are making in the present day. With only a few years behind it, pot stocks have quickly become the talk of the town. This, however, does not come without challenges.
Is This The Right Time To Buy This Marijuana Stock?
Tilray Inc (NASDAQ:TLRY) emerged as one of the bigger players in the cannabis industry. Back in June, after the company went up in trading by more than 20% in the month. Much of the influx is due to the agreement of a lock-up period with the company’s biggest shareholder. The possibility of the biggest shareholder in a company dumping millions of shares in the market is never a good thing for any company. Though this particular development definitely gives Tilray’s management a bit of breathing space.
Marijuana Stocks Fueled by Alternative Cannabis Products
Alternative cannabis products have been the talk of the town for quite some time now. In only a short period of time, a series of new health and wellness products have almost taken over parts of the cannabis stock market.