Yes, absolutely! The sector is not immune to general market sentiment, social distancing which will restrict traffic into pot dispensaries and unemployment which will reduce the amount of money available to buy such products. In turn, cash flow for these companies will suffer further and none of the above realities will positively impact their stock prices.

The cannabis industry sector has major cash flow and over-supply problems coupled with poor management, poor marketing and lack of financing with 99.9% of the companies which is contributing to the absence of positive sentiment in addition to the current market maelstrom. Valens, however, is one of the very few pot stocks that have their act together.

I put it down to poor sentiment, generally speaking, based on strong indications of poor management (primarily financial & marketing) and low cash balances. The largest cap companies have to exhibit some major good news all at the same time before sentiment changes and stock prices rise. I am of the impression that such good news will not arise for some time yet. Unfortunately, the bottom is not in.

Actually, there are over 400 marijuana stocks trading on the various Canadian & American stock exchanges, Visit my site where I have posted a number of articles providing detailed financial analysis of a short list of less than 30 of the best cannabis stocks.

I just discovered an 8th company with a listing on the TSX and the NYSE, namely, CannTrust Holdings Inc. (TSE:TRST; NYSE:CTST) canntrust.ca

To an American perhaps but NOT to the rest of the world.

Bernard, what an insightful and instructive and thought provoking article!

An equally informative post by VisualCapitalist.com is The Types, Purpose & Use Of Stock Market Indices (www.munknee.com/the-types-purpose-use-of-stock-market-indices/).

Check out the following articles as well:

1. These 5 TSX Dividend Stocks Could Be Considered Canada’s ‘Dividend Aristocrats’

(www.munknee.com/these-5-tsx-dividend-stocks-could-be-considered-canadas-dividend-aristocrats/)

2. The 5 Best ETFs For Dividend Investors

(www.munknee.com/the-5-best-etfs-for-dividend-investors/)

3. 7 Things to Consider Before Buying Dividend Stocks

(www.munknee.com/7-things-to-consider-before-buying-a-dividend-stock/)

4. 4 Dividend Growth Stocks That Should Do Extremely Well In 2017

(http://www.munknee.com/dividend-growth-stocks/)

5. I’m Hooked on Dividends – Here’s Why

(www.munknee.com/im-only-28-but-hooked-on-dividends-heres-why/)

Thanks for the article. VERY informative. below are links to other articles on silver that your readers should find particularly interesting:

1. How High Will Silver Prices Go? $100, $300, $500?

(www.munknee.com/how-high-will-silver-prices-rise-100-300-500/)

2. Ted Butler: Silver Will Move Suddenly & Shockingly Higher Soon – Here’s Why

(www.munknee.com/silver-will-move-suddenly-shockingly-higher-soon-heres-why/)

3. Silver Should Be $136.67/ozt From A Supply Perspective

(www.munknee.com/silver-should-be-136-67ozt-from-a-supply-perspective/)

4. 10 Compelling Reasons To Add Physical Silver To Your Portfolio

(www.munknee.com/10-compelling-reasons-to-add-physical-silver-to-your-portfolio/)