Currently, in the cannabis industry, many people are searching for the best marijuana stocks to buy. Why you ask? Well, now that Joe Biden and Kamala Harris have taken office many analysts believe federal cannabis reform may happen in 2021. Recently the first piece of cannabis legislation has made its way to the White House. U.S.represenitive Greg Steube is the gentleman responsible for the new cannabis bill. This new bill would simply remove cannabis from Schedule I to Schedule III of the Controlled Substances Act.
If the U.S. does see federal cannabis reform investors feel it may cause cannabis stocks to rally. Not only that in 2021 more states are preparing to go legal. If this can happen as well it will open up more opportunities to those who are looking to become involved in the industry. With this new opportunity, investors whether new or seasoned must first do their homework on which part of the industry you want to invest in.
For example when looking for pot stocks to watch there are several niches. Now there are pure-play companies that are more hands-on with the cannabis plant. Next, you have ancillary marijuana stocks that provide different services or products that are not directly involved with the cannabis plant.
These services can range from packaging solutions to growing equipment for…
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Currently, in the cannabis industry, many people are searching for the best marijuana stocks to buy. Why you ask? Well, now that Joe Biden and Kamala Harris have taken office many analysts believe federal cannabis reform may happen in 2021. Recently the first piece of cannabis legislation has made its way to the White House. U.S.represenitive Greg Steube is the gentleman responsible for the new cannabis bill. This new bill would simply remove cannabis from Schedule I to Schedule III of the Controlled Substances Act.
If the U.S. does see federal cannabis reform investors feel it may cause cannabis stocks to rally. Not only that in 2021 more states are preparing to go legal. If this can happen as well it will open up more opportunities to those who are looking to become involved in the industry. With this new opportunity, investors whether new or seasoned must first do their homework on which part of the industry you want to invest in.
For example when looking for pot stocks to watch there are several niches. Now there are pure-play companies that are more hands-on with the cannabis plant. Next, you have ancillary marijuana stocks that provide different services or products that are not directly involved with the cannabis plant.
These services can range from packaging solutions to growing equipment for…
