Looking For Penny Stocks To Buy Today? 5 Marijuana Stocks To Watch
Nov 02, 2020 (Penny Stocks via COMTEX) —
Marijuana Penny Stocks Captivate Traders Ahead Of U.S. Presidential Election
If there is one industry and one group of stocks that are reactive around elections it’s marijuana penny stocks. These low-priced, highly volatile names tend to trade fiercely around election time. A lot of this momentum has to do with speculation relating to legalization efforts. While this vice industry has been around for over 6 years, now, there’s still plenty of runway to focus on.
Much of this has to do with the U.S. cannabis industry. Other countries have gone forward to fully legalize cannabis at a recreational level. However, due to the odd situation that the United States has put itself in, weed is still federally illegal. But this hasn’t stopped the majority of U.S. states from putting forth some form of recreational and/or medicinal…
