Marijuana Stocks Likely to Continue Surging in 2021Posted by On


marijuana stocksOn Politics & Pot Stocks

Here’s the simple fact: politics and marijuana stocks are intrinsically tied together. While marijuana investors may or may not find the political machinations of the U.S. exciting, it’s impossible to separate pot stocks from marijuana politics.

Reading the political tea leaves, then, is a great way to get an idea of which direction marijuana stocks are headed, and to potentially see massive gains by playing the market just right.

And what are the politics telling us now? They’re screaming “bullish” on pot stocks.

Don’t believe me? See the following stock chart:

Chart courtesy of StockCharts.com

That’s just a snapshot of five of the top marijuana stocks. Expand it further into the past and you’ll see more than 150% gains from winners like Innovative Industrial Properties Inc (NYSE:IIPR).

IIPR stock is a cannabis stock I’ve been writing about for years. And the good news is that it’s not too late to get in on the gains.

So what’s happening in the weed industry that is causing such a surge? Simple: politics.

I’ve written ad nauseam about how important a marijuana-friendly White House would be, concerning the U.S. marijuana legalization question.

When people ask, “Will marijuana become federally legal in the U.S.?” that’s totally off. The question should be “When will marijuana become federally legal in…

Original Author Link click here to read complete story..

marijuana stocksOn Politics & Pot Stocks

Here’s the simple fact: politics and marijuana stocks are intrinsically tied together. While marijuana investors may or may not find the political machinations of the U.S. exciting, it’s impossible to separate pot stocks from marijuana politics.

Reading the political tea leaves, then, is a great way to get an idea of which direction marijuana stocks are headed, and to potentially see massive gains by playing the market just right.

And what are the politics telling us now? They’re screaming “bullish” on pot stocks.

Don’t believe me? See the following stock chart:

Chart courtesy of StockCharts.com

That’s just a snapshot of five of the top marijuana stocks. Expand it further into the past and you’ll see more than 150% gains from winners like Innovative Industrial Properties Inc (NYSE:IIPR).

IIPR stock is a cannabis stock I’ve been writing about for years. And the good news is that it’s not too late to get in on the gains.

So what’s happening in the weed industry that is causing such a surge? Simple: politics.

I’ve written ad nauseam about how important a marijuana-friendly White House would be, concerning the U.S. marijuana legalization question.

When people ask, “Will marijuana become federally legal in the U.S.?” that’s totally off. The question should be “When will marijuana become federally legal in…



Source link

News

Leave a Reply

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