Surprise! 3 Pot Stocks With Rising Sales Estimates
A year ago, cannabis was the hottest investment on the planet – and it's not hard to understand why. Although estimates vary wildly on Wall Street, the prevailing consensus is that worldwide marijuana revenue will grow fivefold to 18-fold between 2018 and 2030. That's led to some (pardon the pun) high hopes for pot stocks.
However, the past year hasn't delivered the green that was widely expected. Supply problems in Canada and exorbitant tax rates in select U.S. states have worked to steer consumers to the black market throughout North America. As a result, sales projections for cannabis stocks have been plummeting across the board.
Image source: Getty Images.
Source Fool.com
