What’s behind the course correction for marijuana stocks?

Women, minority execs show few gains in U.S. cannabis industry, according to the latest data from the MJBiz Diversity, Inclusion and Equity Report. Get your copy here.


This has been a roller-coaster year for cannabis stocks, a signal that investors are assessing the opportunity more critically than they have in the past.

A strong start, with New Cannabis Ventures’ Global Cannabis Stock Index (GCSI) rising 64.7% – albeit with volatility – through March 21, gave way to a decline of 32% through July 25.

But even with this decline, the GCSI is up 12% for the year.

There are some key events/drivers that are material to this correction.

Read more at MJBizDaily’s Investor Intelligence.