At the present time, marijuana stocks are one of the better-performing sectors in the market. Currently, leading cannabis stocks have been delivering consistent gains for the last 2 months of 2020. In addition, top cannabis companies are reporting record revenue growth and increasing demand as well. In essence, this year has been monumental for the cannabis industry on many levels. Since the start of the year, things have seemed to work in favor of cannabis market growth. For one, most U.S. states where cannabis is legally allowed marijuana dispensaries to stay open during the shutdowns. In turn, this gave cannabis companies a much bigger presence in the economy and led to more acceptance across America for cannabis legalization.
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As a result, more U.S. states have legalized cannabis, and the MORE Act was passed by the House of Representatives and awaits a Senate vote. Regardless of the conservative-led Senate passes the federal decriminalization and reform bill a majority of America has made cannabis legal in some form. Currently, 39 states and the District of Columbia have made the transition into cannabis legalization. In addition, Canada has now begun to see some of the revenue growth from its inclusion of marijuana derivatives into the legal market. From a global perspective the U.N recently also has removed cannabis from…
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At the present time, marijuana stocks are one of the better-performing sectors in the market. Currently, leading cannabis stocks have been delivering consistent gains for the last 2 months of 2020. In addition, top cannabis companies are reporting record revenue growth and increasing demand as well. In essence, this year has been monumental for the cannabis industry on many levels. Since the start of the year, things have seemed to work in favor of cannabis market growth. For one, most U.S. states where cannabis is legally allowed marijuana dispensaries to stay open during the shutdowns. In turn, this gave cannabis companies a much bigger presence in the economy and led to more acceptance across America for cannabis legalization.
[Read More]
As a result, more U.S. states have legalized cannabis, and the MORE Act was passed by the House of Representatives and awaits a Senate vote. Regardless of the conservative-led Senate passes the federal decriminalization and reform bill a majority of America has made cannabis legal in some form. Currently, 39 states and the District of Columbia have made the transition into cannabis legalization. In addition, Canada has now begun to see some of the revenue growth from its inclusion of marijuana derivatives into the legal market. From a global perspective the U.N recently also has removed cannabis from…
