The Surprising Pot Stock Forecast to Lead the Industry in 2020 Sales [The Motley Fool]
GW PHARMACEUTICALS PLC AMERICA (GWPH)
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Source: The Motley Fool
The Surprising Pot Stock Forecast to Lead the Industry in 2020 Sales For years now, much of Wall Street has believed that legal marijuana is the greatest investment opportunity since sliced bread. Investors are fully aware of the massive black market and understand that ongoing legalizations around the world could move tens of billions of dollars into legal channels in the years to come. That could allow cannabis stocks -- and investors -- to see plenty of green. But the nascent legal marijuana industry has also been hit with a flurry of early stage problems. A large backlog of licensing applications Image source: Getty Images. We've also witnessed supply and tax issues rear their head in the United States. California's first year of recreational pot sales came in well below expectations As a result, while sales for publicly traded pot stocks are still expected to soar in 00, revenue estimates are a lot tamer now than they were, say, six months ago. In fact, of the 0 pot stocks I trac
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