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Pot Stocks Post Biggest Drop In Two Years As Tilray Tumbles: (MJ)
FYI: Pot stocks that have taken Wall Street by storm had their worst session since January 2016.
The biggest U.S. pot exchange-traded fund -- the ETFMG Alternative Harvest ETF -- fell more than 9 percent on higher-than-usual volume on Monday. The $750 million fund, ticker MJ, has lost one-fifth of its value in the last five sessions. The Toronto-listed Horizons Marijuana Life Sciences ETF, with C$977 million ($746 million) in assets, fell a record 12 percent to the lowest level since August. Regards, Ted https://www.bloomberg.com/news/articles/2018-10-22/pot-stocks-crash-most-on-record-as-tilray-leads-group-lower?srnd=etfs
