: While large-cap players saw triple-digit gains, ultra-low-priced "sub-penny" stocks saw even more extreme volatility. For example, Sprout Tiny Homes Inc. (STHI) reportedly gained 7,150% during the year, while UMF Group Inc. (UMFG) rose 7,100% .
Growth in Canadian medical sales and preparation for adult-use Partnership with Constellation Brands InMed Pharmaceuticals Research into cannabinoid-based therapies cannabis penny stocks to buy 2017
While 2017 was a banner year, it was also highly speculative; subsequent years saw many of these same stocks lose significant value as the "hype" met the reality of post-legalization logistics. (UMFG) rose 7,100%
: Data from the time showed that retail investors (especially on platforms like Robinhood) were 20% more bullish on cannabis stocks in the weeks leading up to April 20th, often causing predictable, short-term price "crescendos". Moved to the larger TSX exchange and entered
Moved to the larger TSX exchange and entered the German market
In 2017, the most compelling feature of the cannabis penny stock market was the which saw some stocks deliver astronomical returns of over 7,000% as investors raced to get ahead of Canada’s 2018 legalization. Key Features of the 2017 "Green Rush"