3 Pot Stocks to Avoid Like the Plague in April
This could very well be the decade that has cannabis investors seeing green.
In the U.S., pot sales are expected to grow by an annualized rate of 21% through 2025, according to New Frontier Data. Meanwhile, marijuana-focused analytics company BDSA is counting on Canada's weed revenue to more than double to $6.4 billion by 2026. All told, the North American pot industry could be bringing in $50 billion a year by the middle of the decade.
However, one of the constants of next-big-thing investments is that not every company can be a winner. The cannabis industry is highly competitive, and quite a few businesses simply aren't in great shape. As we move headlong into April, the following three pot stocks stand out like a sore thumb as those investors should avoid like the plague.
Source Fool.com
