Are Marijuana Stocks Suddenly in Delisting Danger?
At this time last year, cannabis stocks were one of the hottest investments on Wall Street. That's because Canada, just a month earlier in Oct. 2018, had become the first industrialized country in the modern era to legalize recreational marijuana. Our northern neighbor also looked to be on track to give the OK to derivative pot products by no later than October of the following year (2019).
We were also witnessing a number of new states in the U.S. give the green light to marijuana, paving the way for what looked to be the rapid ascent of North American cannabis sales. And then those expectations got violently shoved out the window.
Image source: Getty Images.
Source Fool.com
