The gains cannabis companies were banking on in the lead-up to legalization of recreational sales in October 2018 have not materialized. So, what went sideways? In February, weeks before COVID-19 was declared a pandemic and the stock market was sent into a tailspin, a handful of Canada’s largest cannabis companies were already in layoff mode. In B.C., Canopy Growth was preparing to shutter what was once the world’s largest licensed indoor growing operation, a sprawling…

READ MORE: https://www.cannabisculture.com/content/2020/04/02/why-legal-pot-was-taking-a-hit-in-canada-weeks-before-covid-19-sent-markets-plunging/