Cannabis stocks were sagging in the summer until Constellation Brands stepped up its commitment to the sector in a way that is unrivaled. Over the balance of the month, the LP stocks, down more than 27% on August 14th year-to-date, climbed into the green. Traders have pushed these three stocks much higher, in my opinion, than their peers that don't trade on a major U.S. exchange. Positively, the recent performance of these stocks and the broader sector is a sure sign of the interest in high quality cannabis companies and bodes well for the sector going forward. Disclaimer: I mentioned Aurora Cannabis, Canopy Growth and Green Organic Dutchman, which are clients of mine at New Cannabis Ventures.

Source: Forbes September 09, 2018 22:07 UTC