This Cannabis Stock Is Down 95% From its All-Time High: Why the Rout May Not Be Over

Accordingly, expectations of federal legalization seemed like a no-brainer with the “blue wave” we saw take hold in U.S.

Let’s discuss what this means for cannabis players like The Green Organic Dutchman  right now.

Indeed, this company was positioning itself as a player with the potential to have export capacity to serve the United States.

Indeed, the 185,000 kg of capacity this facility was supposed to provide has gone up in smoke, along with the US$200 million the company poured into this endeavour.

How much gets written down before it’s all said and done is the big question many investors have right now.

The cannabis sector is a great example of a segment of the stock market that has seen valuations swing wildly.

That said, the capital-allocation missteps of companies like TGOD stand as a reminder of what downside could be on the horizon for this sector.

The online investing service they’ve run since 2013, Motley Fool Stock Advisor Canada, has beaten the stock market by over 3X.

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