US and Canadian listed cannabis stocks have been on fire since early 4th quarter of 2017. One catalyst after another has led to stock price appreciation not since 2014 when Colorado implemented the world's first recreational cannabis laws.
Buy the rumor, sell the news. It is probably the most common stock market adage, yet so many fail to see it coming. It's happened in the Cannabis industry twice over the last year.. An exponential rise necessitates a correction, nothing can move at such a trajectory indefinitely.