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. Continue Reading Is […]
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]]>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.
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.
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.