Marijuana Stocks Are Set to Grow Despite Political UncertaintyPosted by On


marijuana stocks 2021Marijuana Stocks in 2021

There has been a lot of movement in the legal cannabis industry in 2021. Marijuana stocks have been on the rise since the year began. Positive energy built around the Joe Biden administration and a Democratic Party being in control of Congress that has never been more pro-pot.

But with American politics the way they are now, it looks like we’re not going to see much action on U.S. marijuana legalization anytime soon. That doesn’t mean 2021 is going to be a poor year for pot stocks. Quite the contrary, things are looking up for the marijuana industry in general.

As much as the global COVID-19 pandemic has done damage to the marijuana market, there may actually have been one major benefit: pot acceptance has been soaring.

You see, marijuana use has actually gone way up during the pandemic. According to a Canadian study, during the first wave of the pandemic, about half of all marijuana users increased their marijuana consumption in a given week. (Source: “Half of Cannabis Users Increased Consumption During First Wave of COVID-19,” Centre for Addiction and Mental Health, January 13, 2021.)

This makes a lot of sense. After all, one thing I’ve been predicting since the pandemic started was that, no matter what happened to the supply chain (which was, of course, disrupted by COVID-19), vice goods have traditionally gone up during downturns, recessions, and other tough times.

Marijuana, as I suspected, hasn’t been much…

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marijuana stocks 2021Marijuana Stocks in 2021

There has been a lot of movement in the legal cannabis industry in 2021. Marijuana stocks have been on the rise since the year began. Positive energy built around the Joe Biden administration and a Democratic Party being in control of Congress that has never been more pro-pot.

But with American politics the way they are now, it looks like we’re not going to see much action on U.S. marijuana legalization anytime soon. That doesn’t mean 2021 is going to be a poor year for pot stocks. Quite the contrary, things are looking up for the marijuana industry in general.

As much as the global COVID-19 pandemic has done damage to the marijuana market, there may actually have been one major benefit: pot acceptance has been soaring.

You see, marijuana use has actually gone way up during the pandemic. According to a Canadian study, during the first wave of the pandemic, about half of all marijuana users increased their marijuana consumption in a given week. (Source: “Half of Cannabis Users Increased Consumption During First Wave of COVID-19,” Centre for Addiction and Mental Health, January 13, 2021.)

This makes a lot of sense. After all, one thing I’ve been predicting since the pandemic started was that, no matter what happened to the supply chain (which was, of course, disrupted by COVID-19), vice goods have traditionally gone up during downturns, recessions, and other tough times.

Marijuana, as I suspected, hasn’t been much…



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