While 2017 was a banner year, it was also highly speculative; subsequent years saw many of these same stocks lose significant value as the "hype" met the reality of post-legalization logistics.
: Data from the time showed that retail investors (especially on platforms like Robinhood) were 20% more bullish on cannabis stocks in the weeks leading up to April 20th, often causing predictable, short-term price "crescendos".
: While large-cap players saw triple-digit gains, ultra-low-priced "sub-penny" stocks saw even more extreme volatility. For example, Sprout Tiny Homes Inc. (STHI) reportedly gained 7,150% during the year, while UMF Group Inc. (UMFG) rose 7,100% .
Moved to the larger TSX exchange and entered the German market
Cannabis Penny Stocks To Buy 2017 Review
While 2017 was a banner year, it was also highly speculative; subsequent years saw many of these same stocks lose significant value as the "hype" met the reality of post-legalization logistics.
: Data from the time showed that retail investors (especially on platforms like Robinhood) were 20% more bullish on cannabis stocks in the weeks leading up to April 20th, often causing predictable, short-term price "crescendos".
: While large-cap players saw triple-digit gains, ultra-low-priced "sub-penny" stocks saw even more extreme volatility. For example, Sprout Tiny Homes Inc. (STHI) reportedly gained 7,150% during the year, while UMF Group Inc. (UMFG) rose 7,100% .
Moved to the larger TSX exchange and entered the German market
