Cannabis stocks' 2019 skid showing few signs of easing Cannabis stocks have had a harsh comedown this year as investors' enthusiasm about the prospects for strong growth and blockbuster company mergers dimmedWhen it comes to investing in cannabis stocks, the marijuana bud's faded bloom has shown few signs of returning this year. Cannabis stocks have had a harsh comedown as investors' enthusiasm about the prospects for strong growth and blockbuster company mergers has dimmed. The ETFMG Alternative Harvest exchange traded fund, which focuses on cannabis stocks, is down 32.5% this year and off 40.1% from a year ago. Several factors have combined this year to weigh down cannabis stocks. The forecast also anticipates the opening of more dispensaries, the rollout of new types of cannabis products and more overall demand.

Source: ABC News December 06, 2019 15:44 UTC