Can Cannabis Stocks Reverse Their Prolonged Downtrend?

Key Takeaways Cannabis equities have slumped since 2018 amid stalled U.S. federal legalization efforts.Operators face high taxes, costly debt and limited banking access under current federal rules.Global markets and potential U.S. reform are seen as key catalysts for sector recovery.When Canada legalized recreational cannabis in 2018, many believed that the United States wouldn’t be far behind. Optimism grew further when the 2018 Farm Bill legalized hemp nationwide, fueling hopes that full federal marijuana ...