Markets Don't Move In Straight Lines

Summary

• The most consistent progress in cannabis is coming from states continuing to roll out legalization programs.
• For cannabis companies wanting to make a profit in these legal markets, there is both opportunity and a need to navigate growing pains.
• A reminder from Tim Seymour on how to think about Canadian and US stocks.

Roman Barkov

While much is (quite rightly) made of US federal cannabis legalization, the most consistent progress is coming from states continuing to roll out legalization programs. That should come as no surprise to US history buffs - states have typically shown the federal government which