Each of these states should easily top $500 million in marijuana sales this year.
To say that 2019 was not a banner year for the cannabis industry and marijuana stocks may be understating just how poor things actually went.Despite Canada becoming the first industrialized country to legalize and commence the sale of recreational pot, and momentum for legalization remaining strong in the U.S., the black market has been virtually unstoppable throughout much of North America.
On the bright side, if there is a gleam of light to be found in these struggles, organic growth and ongoing legalizations in the U.S. should lead to significant growth in total cannabis sales in 2020.
– Read the entire article at The Motley Fool.
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