Strong Fundamentals Make Cronos Stock a Value Play 


Over the summer, the marijuana stock sector has been hard hit. One of the broader exchange-traded funds for cannabis stocks, Alternative Harvest ETF (NYSEARCA: MJ ), is hovering close to its 52-week low of $24.01 after a long slow slide from $38 earlier this March.
MJ is the most widely followed and oldest ETF to track the global cannabis industry. The year-to-date return on MJ of -2% compared to the S&P 500 gain of 17% shows that pot stocks are definitely lagging.

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