Why Ontario’s Delay in Cannabis Sales Spooked Investors

The Ontario government’s announcement that it will push back cannabis sales until next year didn’t seem to sit well with investors. This announcement comes when the cannabis sector is already on edge. Most major cannabis stocks such as Aurora Cannabis (ACB) (ACBFF), Aphria (APHQF), and Cronos (CRON) have delivered terrible YTD (year-to-date) returns.