Cannabis company stock prices have taken a nearly year-long hit that some investors might describe as extreme considering the potential for federal marijuana legalization in the foreseeable future. Now, companies in Pennsylvania have more potential bad news coming down the pike from the state's department of health.
Failure to comply with a new order from the state agency could result in suspension or revocation of cannabis operator licenses. Two marijuana producers with a heavy concentration in The Keystone State are Jushi Holdings (OTC: JUSHF), and Trulieve Cannabis (OTC: TCNNF), both of which sell vape products in the state.