The S&P 500 has rallied hard off the index’s March lows and is back at new all-time highs. Unfortunately for cannabis investors, cannabis stocks like Canopy Growth Corp (NYSE: CGC), Cronos Group Inc (NASDAQ: CRON) and Aurora Cannabis Inc (NYSE: ACB) are still down sharply in 2020.
No Pre-Election Highs For Cannabis Stocks: One of the most disappointing observations for cannabis stock investors is how poorly the stocks are performing with a little more than two months remaining until the U.S. presidential election.
Cannabis legalization appears to be an afterthought at this point for both Democratic nominee Joe Biden and incumbent Republican President Donald Trump, DataTrek Research co-founder Jessica Rabe said Tuesday.
Expecting Trump and the Republican Party to change their tune on cannabis may have been …