5 Trends That Will Dominate the Cannabis Landscape in 2020

When the curtain finally closes on 2019, it’ll go down as one of the strongest years in a long time for the broader market, and likely the worst year for marijuana stocks.

What had been an incredible buzz for investors throughout the first quarter turned into a major buzzkill for the remaining nine months. Since the end of the first quarter, most cannabis stocks have lost a significant amount of their market cap as questions fly concerning the growth trajectory of the global pot industry moving forward.

But the big question: What does 2020 hold for marijuana stocks?

HIGHLIGHTS

• The Canadian derivatives launch
  Arguably the event that cannabis stock investors have waited the entire year for — the launch of marijuana derivatives, such as edibles, infused beverages, vapes, topicals, and concentrates.
• Uncertainty surrounding U.S. CBD
  Recently, the FDA provided a consumer update on CBD that noted it can be harmful, and that a lot is still unknown about the popular cannabinoid.
• The push toward profitability
  Supply issues to our north and high tax rates, investors saw the black market thrive in 2019. In turn, this has pushed sales estimates down for marijuana stocks and loss projections up.
• Financing concerns
  In the U.S., financing is particularly troublesome given that marijuana is still a Schedule I substance at the federal level.
• Shareholder Trust
  A number of other marijuana stocks have also caused investors to be leery, including Aphria and Namaste Technologies, both of which saw their CEOs leave after conflicts of interest were disclosed.

Read the full article at Motley Fool