4 Cannabis Stocks to Avoid in May

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However, the cannabis space is highly competitive and not all players are in a good shape financially. In fact, now that Mexico has passed a bill to legalize recreational pot use—making it one of the world’s largest cannabis markets—the business climate for Canadian and U.S. pot operators could become even more competitive.

Against such a backdrop, the stocks of cannabis companies Canopy Growth Corporation (CGC), Tilray Inc . (TLRY), Sundial Growers Inc . (SNDL) and OrganiGram Holdings Inc. (OGI), which are expensive, and the companies financially inadequate, should be avoided now.

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