Last weekend I wrote on TalkMarkets that "Stocks jumped 4.5%, on average, this past week. That is extremely refreshing news and hopefully is the harbinger of an ongoing turnaround in the marijuana space" and, yesterday, in an exclusive article here on TalkMarkets, I lamented that the major decline in pot stocks on Monday and Tuesday (replacing the 2-day 4.5% upward trend established last Friday) had dashed "my hopes that a sustainable turnaround was in the works. I'll keep you posted as things unfold."

Here's that update as promised.

You will note in the table below from WeedStreet420 that there is once again a sea of green in the cannabis stock arena. (All currency figures are in Canadian dollars. Go here to convert into USD.)

(Click on image to enlarge)

It doesn’t take much for penny stocks to fluctuate by double digits so that must be taken into consideration but, nevertheless, 9 pot stocks as noted above, made such moves yesterday in a marijuana market that declined, in total, by 1.5%.

Naturally, it is too early to say with any degree of confidence that the market has turned around in general but Cannabis 2.0 (marijuana-infused edibles, beverages, confectioneries, lotions, etc.) consumer sales in Canada have begun which will most definitely add to the revenue of many of the LPs and MSOs in the days and weeks to come...