Stop Dreaming: Cannabis Banking Reform Isn't Happening in 2020
Over the long run, the cannabis industry has the makings of being a big-money business. Worldwide legal marijuana sales have more than tripled between 2014 and 2018 to almost $11 billion, and most analysts on Wall Street predict that legal weed could generate anywhere from $50 billion to $200 billion a year by the time 2030 rolls around.
But the fact is, the near-term continues to be challenging for the marijuana industry and pot stock investors. This is especially true in the United States, where marijuana firmly remains a Schedule I substance (i.e., entirely illegal, prone to abuse, and not recognized as having any medical benefits).
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Source Fool.com
