Expect Big Asset Writedowns From Canadian Pot Stocks in the Coming Quarters

When 2019 began, hopes were high within the investment community that cannabis stocks would remain unstoppable and blaze a path to profitability. This seemed a feasible expectation given that Canada had recently legalized adult-use marijuana, and numerous U.S. states appeared to be moving toward medical and/or recreational legalization.

But it wasn't meant to be.

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Source Fool.com