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4 Pot Stocks to Avoid Like the Plague in 2022
While the industry is full of promising growth stocks, some of which are already achieving recurring profitability, the following four pot stocks, all of which have a Canadian focus, should be avoided like the plague in 2022.
Aurora CannabisThe award for the most times a pot stock has appeared on a “stocks to avoid list” unquestionably goes to Canadian licensed producer Aurora Cannabis (NASDAQ:ACB).
Another issue for Aurora Cannabis is its history of grossly overpaying for acquisitions.
But the prime reason to avoid Aurora Cannabis is its persistent history of share-based dilution.
Canopy GrowthThe fourth and final pot stock to avoid like the plague in 2022 is yet another Canadian cannabis darling: Canopy Growth (NASDAQ:CGC).