|Bid||4.3100 x 0|
|Ask||4.3200 x 0|
|Day's range||4.2900 - 4.4700|
|52-week range||4.2900 - 20.0800|
|Beta (5Y monthly)||1.40|
|PE ratio (TTM)||N/A|
|Earnings date||24 Feb 2022 - 28 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||8.09|
While the industry is full of promising growth stocks, some of which are already achieving recurring profitability, the following four pot stocks, all of which have a Canadian focus, should be avoided like the plague in 2022. The award for the most times a pot stock has appeared on a "stocks to avoid list" unquestionably goes to Canadian licensed producer Aurora Cannabis (NASDAQ: ACB). Once upon a time, Aurora was the premier name among Canadian weed stocks.
Despite the dip last year, the marijuana industry consists of excellent growth stocks that have the potential to flourish in the coming years. The U.S. cannabis companies, in particular, saw drastic revenue growth amid the ongoing pandemic. The ramp-up of state legalization also gave a boost to marijuana sales.
The company delayed the release of an SEC filing and got dragged down by the broad downturn in cannabis stocks.