SNDL - 4 Marijuana Stocks Could Soon Face Delisting
Last year was expected to be when marijuana stocks proved their worth to Wall Street. Unfortunately, that's not what happened, and investors suffered through the worst year on record for cannabis stocks.
To our north, regulatory-based supply problems have wreaked havoc and allowed the black market to thrive. Meanwhile, in the U.S., high tax rates have made it very difficult for legal operators to compete with illicit producers. And as the icing on the cake, some of the most prominent names in the marijuana industry could soon face delisting.
While only one of these pot stocks has been officially warned of a possible delisting, all four are currently in precarious positions.