Time flies on the stock market. It now seems so long ago that people rushed to invest in cannabis stocks following positive regulatory developments, especially in Canada. Unfortunately, the industry hasn't lived up to the hype. Even perceived market leaders like Canopy Growth (NASDAQ: CGC) have failed to deliver anything resembling positive returns.

Canopy does remain one of the leaders in the Canadian cannabis market, so if things improve, the pot grower could be one of the big winners. Let's find out how badly Canopy Growth has performed in the past five years by calculating how much a $5,000 investment in the stock in 2019 would be worth today. Then, we'll determine whether it can perform better from here on out.

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Source Fool.com