Face the Facts: The CBD Hype Train Has Derailed
For years, there wasn't a hotter investment opportunity on Wall Street than marijuana. With tens of billions of dollars in sales being conducted in the black market, it seemed only logical that North America's legal cannabis stocks would benefit after Canada became the first industrialized country in the modern era to legalize adult-use weed, and two-thirds of U.S. states OK'd marijuana use to some varied degree.
But marijuana, in a general sense, began taking a back seat in late 2018 and throughout much of 2019 to a more niche movement: cannabidiol (CBD).
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Source Fool.com
