The Most Profitable Pot Stock Has a Worrisome Trend
There's little question of what the marijuana industry could one day become. After seeing tens of billions of dollars change hands in the black market annually, it's evident that global weed sales in the legal market could grow many times over from the $10.9 billion reported in 2018.
But things haven't gone as planned for cannabis stocks or the industry as a whole. Supply chain issues in Canada have kept legal product out of dispensaries, while in the U.S., high tax rates have been the culprit that's driven consumers back to black market producers. As a result, we've witnessed sales and profit forecasts for North American pot stocks fall off a cliff.
However, there have been a few exceptions to the rule.
Source Fool.com
