During 2022, investors have watched their capital go up in smoke as cannabis stocks have performed poorly with falls of up to 50 per cent or more. Looking at 21 of the largest cannabis stocks, only three have made a gain in 2022 including Cronos up 70 per cent, Botanix Pharmaceuticals up 41 per cent and Hygrovest up 22 per cent. The other 18 stocks have all fallen between 7 and 72 per cent with the average loss around 45 per cent. So what is happening in the cannabis industry and when are stocks expected to recover?
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TIMESTAMPS
0:00 Intro
0:46 Cannabis (Pot) Stocks Down as Much as 72%: When Will They Recover?
3:46 Australian Market – Best and Worst Performers
4:45 Australian Market Analysis
17:12 Answering Your Questions: ASX:CBE
21:52 ASX:SMR
31:55 ASX:NAB
42:05 Outro
#WealthWithinLive #DaleGillham #AustralianStockMarketShow
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