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4 Cannabis Stocks Forecast to Hit $1 Billion in Annual Sales by 2024


For the past 15-plus months, marijuana stocks have been on a mostly precipitous downtrend. After years of (pardon the pun) flying high, growing pains finally caught up with the industry. To our north, regulatory-based supply problems created bottlenecks in select provinces and shortages in others. Meanwhile, high tax rates on legal U.S. cannabis have allowed cheaper black-market pot to thrive.

But make no mistake about it, this is a fast-growing industry that should deliver especially impressive sales figures in the United States.

Image source: Getty Images.

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Source Fool.com

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