#aphria-inc

As predicted by many, the major marijuana stocks were in the red on Canadian legalization. The leading marijuana stocks in Canada, were down 2.76 percent. The pullback was not as horrific as some had predicted, as was evident from before the bell even rang.

There are similarities with the digital currency craze, and also one significant difference: revenue. As pot users and stock watchers prepare for legalization tomorrow, online and bricks-and-mortar stores across the country prepare to sell their real-life products.

Licensed cannabis producers have a supply problem. The problem isn’t necessarily with producing enough cannabis, however. While pot demand soars amid supply concerns as legalization approaches, there is another supply issue on the horizon: stamps.

Aphria is investigating automation to keep its production costs down. Automated production will increase along with jobs in the run up to cannabis legalization in Canada.

Canadian weed stocks moved higher today on news of Altria'a investment in the sector, but only the investment target remained higher at the close.