Canadian Marijuana Stocks Rebound from June Selloff

Our marijuana stock bubble index of Canadian marijuana stocks has climbed 11% in about six weeks

The Ubika Marijuana Stock Bubble Index increased 11% since our last report dated June 26, 2017, outperforming the TSX-V, which declined 1.5% over the same period. Its performance can be attributed to improved fundamentals, as many marijuana companies have reported better-than-expected earnings that pleased investors. Improved fundamentals are obviously a positive sign, as investors have larger expectations for marijuana companies, and seeing them meet performance expectations has surely pleased investors.

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