According to the agreement with Netflix Marvel will be able to bring back The Punisher!
Even though Netflix canceled The Punisher in 2019, Marvel may get the chance to revive the comics franchise in 2021.
According to sources the contract agreement with Netflix meant that Marvel couldn't touch The Punisher franchise for two years post cancellation.
We're getting to that 2 year mark so Marvel will technically have the chance to bringThe Punisher into the cinematic universe in 2021
LadBible says there's been no confirmation if Marvel would keep the Netflix cast for the franchise which would mean all new actors if the recast the whole serious although I think most people would want to see Jon Bernthal as Frank Castle again.