10 Reasons Marijuana Stocks Are a Dicey Investment in 2020
When the year began, there wasn't a hotter investment on the planet than marijuana. It's not hard to understand why, either, with worldwide weed sales more than tripling between 2014 and 2018 to $10.9 billion, according to the State of the Legal Cannabis Markets report from Arcview Market Research and BDS Analytics.
However, following a red-hot first quarter that saw over a dozen well-known cannabis stocks soar by at least 70%, we've seen the bubble burst in the marijuana space. Over the past eight months, most pot stocks have lost at least half of their value, if not more.
While this decline may appear enticing to some investors, it's important to realize that investing in the cannabis space remains dicey, at best, as we head into 2020. Here are 10 reasons the cannabis industry could struggle next year more than folks realize.
Source Fool.com
