Stocks
Marijuana Stocks To Thin Out In 2020 — Then Comes The Really Tricky Part
Following 2019’s collapse in marijuana stocks, many companies in the U.S. and Canada don’t have enough money in the bank to get through the next 12 months.
Following 2019’s collapse in marijuana stocks, some of the most well-known pot companies in the U.S. and Canada just don’t have enough money in the bank to get through the next 12 months without big changes, some analysts estimate.
Last year was a bubble year of money-raising and boilerplate talk of “disruption.” But if 2019 was the year marijuana stocks‘ bubble popped, 2020 seems likely to be the year when investors have to pick through, and make sense of, whatever smaller industry remains on the other side after companies go under or get sold for parts.
