Canadian cannabis update

Should investors be worried about a further fall in stock prices? Or is it an even better buying opportunity?

Ruth Saldanha 30 January, 2020 | 1:09AM

 

 

Ruth Saldanha: Canadian cannabis stocks are among the most undervalued in our coverage universe going into this year. And we recently talked about why this is a buying opportunity. Since then, stocks have fallen further. Should you be worried and is supply the main risk? To discuss his outlook for Canadian cannabis and to discuss the risks facing the sector Morningstar analyst Kristoffer Inton is here today.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Aurora Cannabis Inc1.67 USD-0.60
Canopy Growth Corp21.88 USD-1.93
Curaleaf Holdings Inc7.92 CAD-0.75

About Author

Ruth Saldanha

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca