2 Marijuana Stocks With All-or-Nothing Potential
At this time last year, cannabis stocks could do no wrong. That's because Canada had just become the first industrialized country in the world to legalize recreational marijuana on Oct. 17, 2018. Between this milestone legalization and a steady progression of U.S. states giving cannabis the green light, the future for marijuana was, aptly, budding.
However, the industry now looks like a shell of its former self. Most brand-name pot stocks have shed half of their value, if not more. In Canada, supply issues have been persistent since day one of legalization, and they'll likely continue as derivative pot products begin hitting the market. Meanwhile, legalized states have been plagued by high tax rates and an unrelenting black market.
But according to some very lofty price targets from Wall Street, two marijuana stocks appears to have all-or-nothing potential.
Source Fool.com
