MARIJUANA: HERE’S HOW INVESTORS SHOULD THINK ABOUT THE FDA’S WARNING ON CBD $APHA $CGC $CRON $NBEV $ACB $MJ $TLRY $GTBIF $KSHB $GWPH $SMG
The U.S. Food and Drug Administration has thrown a big impediment in the way of marijuana investors. Before discussing the FDA’s move, let’s build some background with the help of a chart. Please click here for a chart showing segmented money flows in 16 popular marijuana stocks. Note the following: • Smart money flows are neutral in Aphria APHA, Canopy Growth CGC, Cronos CRON and New Age Beverages NBEV. • Smart money flows are mildly negative in Aurora Cannabis ACB. • Smart money flows are negative in marijuana ETF MJ. • Smart money flows are negative in Curaleaf CURLF, Liberty Health LHSIF, MedMen MMNFF and Tilray TLRY. • Smart money flows are mildly positive