2 Cannabis Stocks To Watch That May Offer Investors More ValuePosted by On

Are These Marijuana Stocks Long Term Or Short Term Investments?

Last week was a good time to find marijuana stocks to buy. This is because many cannabis stocks started to dip down. Some of this downtrend may be due to everyone focused around game stop and robin hood. With this, some of the top marijuana stocks are showing good entry points for those looking to invest in marijuana stocks in 2021.

In other current events recently a potential edge with federal cannabis reform has been made. In recent news, U.S. Senator Chuck Schumer has come forth to express his support for cannabis legislation. He has also gone on to say that he is drafting up a cannabis bill that will give states the authority to legalize marijuana if the states choose to.

Many other states across the U.S. are taking notice of all the money that is being made from legal cannabis. Which has led many state legislators to begin the process of legalizing cannabis within states that are not legal yet. As of now, over 10 states are working on legalizing cannabis between medicinal and full rec. If new states go legal it would be a big win for the cannabis industry.

This would initiate new markets and allow for MSO cannabis companies like Cresco labs Inc. (OTC:CRLBF) and TerrAscend Corp. (OTC:TRSSF) to expand even more. With these new markets, states would be able to use the tax money from cannabis sales to improve…

Original Author Link click here to read complete story..

Are These Marijuana Stocks Long Term Or Short Term Investments?

Last week was a good time to find marijuana stocks to buy. This is because many cannabis stocks started to dip down. Some of this downtrend may be due to everyone focused around game stop and robin hood. With this, some of the top marijuana stocks are showing good entry points for those looking to invest in marijuana stocks in 2021.

In other current events recently a potential edge with federal cannabis reform has been made. In recent news, U.S. Senator Chuck Schumer has come forth to express his support for cannabis legislation. He has also gone on to say that he is drafting up a cannabis bill that will give states the authority to legalize marijuana if the states choose to.

Many other states across the U.S. are taking notice of all the money that is being made from legal cannabis. Which has led many state legislators to begin the process of legalizing cannabis within states that are not legal yet. As of now, over 10 states are working on legalizing cannabis between medicinal and full rec. If new states go legal it would be a big win for the cannabis industry.

This would initiate new markets and allow for MSO cannabis companies like Cresco labs Inc. (OTC:CRLBF) and TerrAscend Corp. (OTC:TRSSF) to expand even more. With these new markets, states would be able to use the tax money from cannabis sales to improve…



Source link

News

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.