VLNCF - 5 Canadian Pot Stocks That Should Be Profitable in 2020
Following a miserable 2019, marijuana stock investors are looking for the industry to deliver improvement in 2020, even if it's modest. Of course, the reality is that many of the issues currently plaguing the North American cannabis industry will require time to resolve. This includes regulatory- and supply-based issues in Canada, as well as exorbitant tax rates in select U.S. states.
While this does mean that most brand-name pot stocks in Canada will continue to produce losses throughout 2020, there are a few exceptions. Although Wall Street's consensus profit estimates remain highly fluid in the cannabis space, the following five Canadian cannabis stocks are expected to be profitable in 2020.
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