Why Colombia Poses a Threat to Cannabis Stocks

Investopedia - finance.yahoo.com Posted 4 years ago
image
Why Colombia Poses a Threat to Cannabis Stocks
More

Popular cannabis stocks including Canadian giants Canopy Growth Corp. (CGC), Tilray Inc. (TLRY) and Aurora Cannabis (ACB) - the poster companies of the marijuana wave - now face an emerging threat as North American pot growers start to move their farms to low-cost Colombia. Paul Henderson, whose Monterey-based company Grupo Flor was key to the growth of the region's marijuana industry, is leading the migration.

Story continues