Toronto, Ontario (FSCwire) - The Ubika Marijuana Stock Bubble Index is seeing serious red in 2017, with stocks dropping 14% on average since the start of the year. The decline in the industry is likely due to a number of factors, including: an increasingly crowded sector, which now boasts 226 marijuana stocks; overall investor fatigue for early marijuana stock investors; uncertainty regarding product recalls, with Health Canada cracking down on pesticide use; questions surrounding recreational marijuana use, regulations that are still unanswered; as well as investors becoming more aware of the bubble-like valuations the industry exhibits. Stocks discussed in this issue include Aurora Cannabis Inc. (TSXV: ACB) and Cronos Group Inc. (TSXV: MJN).   

Read the full report at https://smallcappower.com/reports/bubble-index/marijuana/marijuana-stocks/

Related: For Our Complete Coverage Of Canadian Marijuana Stocks Click Here

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