With such high expectations, pot stocks had no chance in 2019, especially when you consider the rising risk of recession. Human nature will lock in profits at such moments no matter what the potential.
That all changes in 2020 as we get closer to full legalization of marijuana. Unfortunately, the federal government won't be leading the way to full marijuana legalization.
It will be individual states that bring us to the finish line of legalization. In 2020, nine states will be voting on marijuana legalization.