The marijuana industry certainly lived up to the hype in 2018. After years of promises that recreational cannabis would be legalized from Prime Minister Justin Trudeau, Canada made his vision a reality. As the first industrialized country to give the green light to adult-use pot, Canada opens its doors to what could be billions of dollars in added annual sales within the next two or three years.
Of course, quite a few marijuana stock investors didn’t share in the weed industry’s game-changing year. In fact, 10 pot stocks saw at least half of their value disappear in 2018. One of the few pot stocks to have bucked that trend was Ontario-based Cronos Group (NASDAQ:CRON), which gained 34% last year.
The big question is: Can Cronos Group continue this momentum into the new year? With valid arguments to be made on both sides of the aisle, let’s take a