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Marijuana stocks have been under extreme pressure since the Reddit buying frenzy in February. The majority of pot stocks are down by as much as 80% from their February levels. Now marijuana stocks present a good risk/reward scenario for contrarian investors.
February 2019 Best Performing Marijuana Stocks From Sean Williams: If it feels as if marijuana stocks can do no wrong of late, you’d be right. Since the year began, the Horizons Marijuana Life Sciences ETF, the first-ever cannabis exchange-traded fund in Canada, has risen by 60%. Although gains in February were considerably more subdued relative to January, this popular ETF still tacked on an 8% gain last month. Among individual pot stocks, things weren’t nearly as bullish in February as they were in January, when you could have seemingly thrown a dart with a blindfold on and made money...