Is Canon EOS M Dead?

Camera Conspiracies writes:

It was never a very inspiring system to begin with. Designed to be as small and light as possible, means very slow lenses. Throw in the Canon Cripple Hammer, and the EOS M system never really took off. Is it worth buying into the system in 2020? Is there any potential in the Canon M50 mark II? Will they create a flagship camera for the system and develop faster glass?