Our Ubika Marijuana Stock Bubble Index moved up the past month as Ontario revealed plans to sell marijuana through LCBO stores
The Ubika Marijuana Stock Bubble Index has increased 2% since our last report dated August 14th, 2017, slightly outperforming the TSX, which has remained flat over the same period. Since our last report date, there has been some clarity in all of Canada’s province’s plans for legal recreational marijuana. Most importantly, Ontario plans to sell legalized weed through LCBO stores, and marijuana is now expected to be priced competitively with the black market to eliminate the involvement of organized crime.
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