Pot stocks on the pace of the second worst day ever recorded while Tilray collapses



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The finished buds are sitting on a tray at CannTrust Holdings Inc.'s cannabis production facility in Fenwick, Ontario, Canada, on Monday, October 15, 2018. Canada, which has licensed medical marijuana for close to of two decades, legalized the drug for recreational purposes On October 17, Uruguay is one of two countries not to impose restrictions on pot and to place Uruguay in the country. Forefront of what could be a global market of more than $ 150 billion when others will follow.

Galit Rodan | Bloomberg | Getty Images

The finished buds are sitting on a tray at CannTrust Holdings Inc.'s cannabis production facility in Fenwick, Ontario, Canada, on Monday, October 15, 2018. Canada, which has licensed medical marijuana for close to of two decades, legalized the drug for recreational purposes On October 17, Uruguay is one of two countries not to impose restrictions on pot and to place Uruguay in the country. Forefront of what could be a global market of more than $ 150 billion when others will follow.

An exchange-traded fund that tracks popular pot stocks fell sharply on Monday, under the impetus of shares of the Canadian marijuana company Tilray. Traders have pointed to profit-taking following the legalization of the recreational pot in Canada and the end of major conferences earlier this month.

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