Co-worker’s brother-in-law’s friend wasn’t right about cannabis stocks

EDMONTON, AB – Canadian cannabis stocks have performed quite poorly in the first full year of legalization across Canada and this has some investors second guessing where they get financial advice.

“If you can’t trust financial planning advice from the co-worker of my wife’s best friend’s nephew, who can you trust?” asked Jimmy Schmitt, a frustrated investor in cannabis stocks. Schmitt invested several thousand dollars in one cannabis company during the excitement that immediately preceded legalization in Canada.

“I bought Tilray on the way up at $140 per share and boy I was excited,” said Schmitt.

Tilray Inc. now trades for less than $20 US per share .