The Only 2 Cannabis Stocks Billionaires Sold in Q2

With tens of billions of dollars in sales conducted annually in the North American black market, it seemed only logical that legalizing cannabis in Canada and select U.S. states would lead to a rapid acceleration in revenue and market value for pot stocks. For the past 17 months, growing pains have walloped marijuana stocks, with supply issues persisting throughout Canada and high tax rates on legal product in select U.S. states making it difficult for licensed producers to compete against the black market. Two weeks ago, Aug. 14 marked the deadline for money managers and companies with at least $100 million in assets under management to file Form 13F with the Securities and Exchange Commission. Read More...