5 of the Most Popular Pot Stocks Won't Be Profitable Until 2022 (at the Earliest)



  • Source: Nasdaq - - Read: 0

    Summary:

     

    It's truly incredible what a difference a year can make. Although the launch of dried flower in Canada didn't go as smoothly as expected, the widely held belief, as of Jan. 2019, was that cannabis stocks would be pushing into the profit column by the end of the year, if not early 2020.

    However, the reality is that marijuana stocks are, for the most part, nowhere near profitability. In fact, some of the most popular pot stocks have reversed course and are even worse off than they were at this time last year, in terms of their bottom lines. According to Wall Street's consensus, the following five pot stocks have no chance of generating a recurring profit until 2022, at the earliest.

    Image source: Getty Images. Aurora Cannabis

    Being the most popular marijuana stock in the world can only ...

     

     

    Read Full News: https://www.nasdaq.com/articles/5-of-the-most-popular-pot-stocks-wont-be-profitable-until-2022-at-the-earliest-2020-01-15


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