This has truly been a year to remember for the marijuana industry. The biggest event of the year is unquestionably the legalization of recreational pot in Canada on Oct. 17, 2018. Having promised to greenlight adult-use weed for years, Prime Minister Justin Trudeau held true to his word. When the industry is fully up to scale toward the beginning of the next decade, it could be generating in excess of $5 billion in added annual sales.

Yesterday was the one-month anniversary for recreational cannabis legalization in Canada. The roll-out was shaky, as expected, as retailers across the country encountered supply issues in the opening days. This exacerbated the volatility for cannabis stocks, which were ravaged over the past month, also in large part due to a global stock market sell-off that has spilled into November. Horizons Marijuana Life Sciences ETF was down 27% month over month as of close on November 15.

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Major classifications are as follows:

Despite strict rules limiting the promotion of now legal recreational pot now in effect, cannabis promotions continue to pop up amid loopholes and a lack of clarity on how the legislation’s grey areas should be applied.

Nearly one month on since legalization, there is disagreement in the sector on murky portions of the Cannabis Act governing marketing, with some licensed producers taking a more aggressive approach and others holding back.

“The fact that you aren’t seeing that an overwhelming wave yet of those kinds of tactics, to me, demonstrates that there is still uncertainty,” said Rebecca Brown, founder of Crowns Agency, a Toronto-based marketing consultancy focused on the marijuana industry.

Invictus MD Strategies Corp. (TSXV:GENE), established in 2014, is an international cannabis company offering several products under a wide range of brands.

The pullback in the share prices of Canadian marijuana stocks has investors wondering which pot companies might be attractive to buy right now.

Let’s take a look at Cronos (TSX:CRON)(NYSE:CRON) to see if it deserves to be in your cannabis stock portfolio.

Aleafia Health Inc.(TSXV:ALEF), based in Toronto, is a licensed cannabis producer that owns Canada’s largest network of medical cannabis clinics. The Company describes itself as a seed to patient licensed producer. It has vertically-integrated capabilities that enable it to cultivate, process, conduct independent medical research and market through its clinics with a physician-led approach.

The Aleafia team is led by former government and law enforcement officials, expert growers, and successful entrepreneurs. With 22 clinics coast to coast in Canada, Aleafia has built a customer base of 50,000 patients.

Earlier this year, all the hype was around beverage companies and other industries looking to partner up with the cannabis industry. However, recently that excitement has died down a little bit as some big companies have poured some cold water on the idea.

Although many investors have felt optimistic about the future prospects of the Canadian cannabis space since the country moved to legalize recreational marijuana use last month, rising stock prices are far from a sure thing. Earlier this week, a prominent short seller revealed that he is making bets again the industry. On Wednesday, Andrew Left, author and editor of investment publication Citron Research, thinks Canadian Cannabis companies are destined to fall in the near future, he said on CNBC's Halftime Report.

The cannabis startup backed by former Speaker of the House John Boehner is set to become one of the most valuable companies in the U.S. weed industry.

Acreage Holdings is the latest U.S. cannabis firm to tap the public markets in Canada, where marijuana is legal, through a reverse takeover. The company raised US$314 million in a private placement that values it at about US$2.8 billion. Acreage shares are set to start public trading on Thursday.