The MarketWatch News Department was not involved in the creation of this content.
Jul 25, 2021 (Marijuana Stocks via COMTEX) —
3 Marijuana Stocks To Watch Before Next Month
The volatile action of marijuana stocks in recent trading has been undeniable. A great deal of price fluctuations is happening for many marijuana stocks. Some of this can be attributed to several different factors. Right now in the cannabis industry, a great deal of progress and continued concerns are occurring. For example, more states are going legal adding more value to the overall U.S. cannabis industry.
The states that go legal will create new cannabis markets that can help improve state-level economics. Such as more work opportunities and using cannabis tax money to establish programs. These potential programs states are advocating for would help rebuild communities impacted by the war. In connection with state-level legislation, a big push for federal cannabis reform is also in the works.
Just these current events alone have played a part in the way many marijuana stocks have been trading over the last month or 2. In more recent trading the cannabis investors have a growing concern in regards to this new Delta variant and facing another shutdown. Now during this past shutdown cannabis businesses were deemed essential and some cannabis companies during this time in 2020 reported having record cannabis sales.
So as of now, things are still stable to a…
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The MarketWatch News Department was not involved in the creation of this content.
Jul 25, 2021 (Marijuana Stocks via COMTEX) —
3 Marijuana Stocks To Watch Before Next Month
The volatile action of marijuana stocks in recent trading has been undeniable. A great deal of price fluctuations is happening for many marijuana stocks. Some of this can be attributed to several different factors. Right now in the cannabis industry, a great deal of progress and continued concerns are occurring. For example, more states are going legal adding more value to the overall U.S. cannabis industry.
The states that go legal will create new cannabis markets that can help improve state-level economics. Such as more work opportunities and using cannabis tax money to establish programs. These potential programs states are advocating for would help rebuild communities impacted by the war. In connection with state-level legislation, a big push for federal cannabis reform is also in the works.
Just these current events alone have played a part in the way many marijuana stocks have been trading over the last month or 2. In more recent trading the cannabis investors have a growing concern in regards to this new Delta variant and facing another shutdown. Now during this past shutdown cannabis businesses were deemed essential and some cannabis companies during this time in 2020 reported having record cannabis sales.
So as of now, things are still stable to a…
