Time to buy the dip on Cannabis?

Canadian Cannabis 2.0 is on its way and the U.S. is set to be the "biggest and the best cannabis market in the world"

Ruth Saldanha 26 November, 2019 | 1:18AM

 

 

Ruth Saldanha: Cannabis stocks in Canada have been a bit of a roller coaster recently. After a dramatic drop earlier this month, the stocks have somewhat recovered but are still trading below our fair value estimates. Is now a buying opportunity? Morningstar Analyst, Kristoffer Inton covers cannabis and is here today to talk about his views.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Aurora Cannabis Inc10.00 CAD18.34
Canopy Growth Corp21.33 CAD2.11

About Author

Ruth Saldanha

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca

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