News

4 Pot Stocks to Avoid Like the Plague in 2022

The Motley Fool · Sean Williams · last updated
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).