The Cannabis Industry and the Inevitable Pendulum Shift

Sentiment for the cannabis industry is at an all-time low. This has been driven by a long downtrend caused by a myriad of issues facing the industry; from oversupply in Canada to slow legislative movement in the US, the cannabis industry simply has had no news to cause the hype and hysteria which ensued back in 2017-2018. However, just as cannabis stocks (and their respective valuations) went well above and beyond anything that resembled reality, pessimism has now too gotten out of hand.