Why is Wall Street skeptical about the cannabis sector?


Wall Street is rightly skeptical about marijuana stocks And yet despite this optimism and the expectation from Wall Street that worldwide sales of weed could hit between $50 billion and $75 billion by the end of the next decade, Wall Street remains notably hesitant on pot stocks.
Even though analysts have bestowed a number of buy- and hold-equivalent ratings on major marijuana stocks, upgrades  have been especially few and far between.

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