When it comes to cannabis stocks, the public can't get enough. After years of challenging access to capital, 2018 has seen a remarkable improvement for U.S. cannabis operators. In the summer, two leading companies went public, MedMen and Green Thumb Industries. Both stocks have performed well, and each of the companies has subsequently priced secondary offerings, raising additional capital to fund acquisitions and capital expenditures. Aurora Cannabis spin-out Australis Capital soared in its trading initially and still trades at a substantial premium to the level at which it issued a private placement just before its debut in mid-September.
Read the whole story at https://www.forbes.com/sites/alanjbrochstein/2018/10/06/demand-for-new-cannabis-stocks-heats-up/#206ebbfd1b05
I'm actually out of the market now on cannabis stocks. I took the gains I made in the last couple of months and I'm putting it on the crypto market instead. I like 24/7 markets better, probably because that's how I started.
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