Pot stocks sell off in wake of release of federal legislation

"Professional companies must be allowed to explain to consumers why our products are superior to those offered by their illegal competitors," said Brendan Kennedy, CEO of Privateer Holdings, which says it is the first private equity firm to invest exclusively in legal cannabis. "To that end, we look forward to working with the government to ensure that branding allowances properly balance informing consumers while not appealing to those under the age of 18."

Read more in CBC News.