Marijuana Stocks Have Serious Cash Concerns
Coming into 2019, marijuana stock investors had a lot to look forward to. Canada had become the first industrialized country in the modern era to legalize recreational cannabis in Oct. 2018, derivative pot products were expected to hit Canadian dispensaries later in 2019, and a number of U.S. states appeared to be on the verge of adult-use legalization. This was supposed to be the year that cannabis stocks turned the corner to profitability and really matured.
Unfortunately, this vision hasn't been anywhere close to reality for the weed industry in 2019.
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Source Fool.com
