Marijuana Stocks Are the New Bitcoin

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Marijuana Stocks Are the New Bitcoin

Marijuana stocks had a short strange trip this week. Led by Tilray, the U.S.-listed grower that just went public in July, the shares of Canada’s pot producers skyrocketed by Wednesday, then gave most of their gains back. Tilray opened the week at $117, for example, hit $300 Wednesday afternoon, and by Friday it had closed all the way back at $123.

Comparisons between marijuana stocks and the Bitcoin bubble are apt.

Canada’s…

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