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Retail investors in Canadian cannabis are 'buying air,' analyst says

Chloe Aiello

Canadian marijuana stocks are overvalued, because they are still just commodities, says Sean Stiefel, founder and cannabis portfolio manager of Navy Capital. Carter Worth says he thinks Tilray has topped out for the foreseeable future — and may even reverse. Canadian marijuana stocks are overvalued, because they are still just commodities, Sean Stiefel, founder and cannabis portfolio manager of Navy Capital, told CNBC on Wednesday.

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