3 Marijuana Stock Trends for 2020 That Are All Bad News
For a number of years now, the cannabis industry has made history many times over. In 2018, we witnessed Canada become the first industrialized country to legalize recreational pot sales, and saw the U.S. Food and Drug Administration approve the very first cannabis-derived drug. Meanwhile, in 2019, Illinois became the first state to legalize the consumption and sale of adult-use weed entirely at the legislative level.
This year, we're liable to see even more history made. For instance, by no later than the end of April, Mexico's lawmakers are expected to pass legislation that would establish a retail market for recreational cannabis. We'll also see South Dakota become the first state to vote on medical and adult-use weed in the same election this coming November.
However, 2020 will also be a year filled with unwanted trends for marijuana stock investors. Here are three pot industry trends that investors should be prepared to contend with throughout the year.
Source Fool.com
