Pot Investors Look to Aphria for Salvation

  • Company is one of the few that has reported a quarterly profit
  • Thursday marks one-year anniversary of Canada legalization
Photographer: Ben Nelms/Bloomberg
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A year ago, investors were positively exuberant about pot’s potential. Now they’re dejected.

This Thursday marks the one-year anniversary of Canada’s legalization of recreational cannabis and most of the sector’s stocks have never regained the peaks they hit shortly before that date.