For years, marijuana has been viewed as one of the fastest growing industries on the planet. And if Wall Street's projections for 2029-2030 prove accurate, it's likely to remain that way for the foreseeable future.
However, a closer examination of cannabis stocks shows that expectation and reality have been from the same of late. Although marijuana stocks blazed out of the gate during the first quarter, their performance has been downright abysmal over the past 5.5 months.
While some folks would rightly view this bifurcation as an opportunity to snag incredible deals on businesses that should outpace the market, in terms of growth, for the next decade, it might not be such a wild idea to consider that this weakness in pot stocks may persist for many quarters to come. Here are four reasons this recent weakness in marijuana stocks may become a new norm.