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A Biased View of Minnesota groups unite to oppose marijuana legalization
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In losing nearly 35% of its value, (NASDAQ: ACB) was a stinker of a stock in 2021 ... however to be fair to the company, so were most other big cannabis players based in Canada. Investors mostly avoided them as they were damaged by numerous difficulties, including market saturation and the consumer taste for lower-margin item, not to mention a resurgent coronavirus pandemic.
Possibly after an attempting 2021, it can regain a few of its luster in 2022 with a great rise in its share cost. Image source: Getty Images. Oh, Canada All in all, marijuana companies north of our border have not had a simple time of it. There are ratings of them, openly traded and otherwise, and compared to the U.S., Canada is sparsely occupied.
