Reports show U.S. legal cannabis sales jumped 45% last year
DALLAS, TX, USA, February 28, 2022 /EINPresswire.com/ — The Vice Fund (Symbol: Vicex) remains committed to investing in a group of vice industries that includes cannabis. “Vice industries” are those industries whose focus, in the Adviser’s assessment, may be morally questioned by members of the general public or face funding or regulatory challenges because of social disapproval. The Vice Fund added new exposure to Cannabis holdings in 2021.
As more states legalize cannabis, U.S. lawmakers are undergoing pressure to follow. Last year, a House bill was introduced as the first step for an ambitious draft bill to legalize cannabis. If marijuana prohibition comes to end, ventures that were once federally illegal can then take place, which would catapult the growth and development of the cannabis industry. The Vice Fund (symbol: VICEX) intends to begin positioning for this period of potential industry growth.
The Vice Fund invests in domestic and foreign companies engaged in the aerospace and defense industries, owners and operators of casinos and gaming facilities, manufacturers of cigarettes and other tobacco products, and brewers, distillers, vintners and producers of other alcoholic beverages. These sectors have exhibited resilient demand through economic cycles and have fundamental strengths that help explain why they’ve endured for centuries….
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Reports show U.S. legal cannabis sales jumped 45% last year
DALLAS, TX, USA, February 28, 2022 /EINPresswire.com/ — The Vice Fund (Symbol: Vicex) remains committed to investing in a group of vice industries that includes cannabis. “Vice industries” are those industries whose focus, in the Adviser’s assessment, may be morally questioned by members of the general public or face funding or regulatory challenges because of social disapproval. The Vice Fund added new exposure to Cannabis holdings in 2021.
As more states legalize cannabis, U.S. lawmakers are undergoing pressure to follow. Last year, a House bill was introduced as the first step for an ambitious draft bill to legalize cannabis. If marijuana prohibition comes to end, ventures that were once federally illegal can then take place, which would catapult the growth and development of the cannabis industry. The Vice Fund (symbol: VICEX) intends to begin positioning for this period of potential industry growth.
The Vice Fund invests in domestic and foreign companies engaged in the aerospace and defense industries, owners and operators of casinos and gaming facilities, manufacturers of cigarettes and other tobacco products, and brewers, distillers, vintners and producers of other alcoholic beverages. These sectors have exhibited resilient demand through economic cycles and have fundamental strengths that help explain why they’ve endured for centuries….
