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CRON | Complete Cronos Group Inc. stock news by MarketWatch.. Cannabis stocks rise as investors cheer shareholder approval of Canopy megadeal. Cannabis stocks lifted by Dow's rally, hopes for bill that would protect states that have legalized weed. Altria Will Gain Along With the Price of Cigarettes, Analyst Says.
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Here's what would make "the most overvalued pot stock" a buy. Assuming Altria's equity investment is approved, the company. markets hold so much importance is the fear of domestic oversupply.. But as things stand now, this places the company at a forward price-to-earnings ratio of almost 430.
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