Marijuana stocks trade in a volatile and unpredictable sector. Back in 2020 and early 2021 many marijuana stocks were showing consistent upward trading. This was due to major speculation and more people trading marijuana stocks from a fundamental standpoint. During this…
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House passes landmark marijuana legalization bill
The House passed legislation Friday that would legalize marijuana nationwide, eliminating criminal penalties for anyone who manufactures, distributes or possesses the substance. Lawmakers approved the measure 220-204 in a largely party-line vote. Republicans Tom McClintock of California and Matt Gaetz and…
Cannabis Stocks Skyrocket As Federal Bill To Decriminalize Marijuana Shows Promise
The House Rules Committee is holding a hearing on the ”Marijuana Opportunity Act” (MORE Act) on March 30th, a bill which would decriminalize marijuana. News of a potential federal legalization triggered a renewed investor optimism, and a slew of…
Why Cannabis Stocks Could Be Hot Buys in April
Investing in marijuana stocks can sometimes be risky and frustrating. Although many businesses show promise, with the sector being federally illegal in the U.S., it can make expansion a lot more complicated and expensive. However, there’s optimism that reform could…
Is Innovative Industrial Properties in Trouble?
How long can Innovative Industrial Properties (IIPR) continue to float serenely above its peers? Innovative, the leading real estate investment trust (REIT) in the marijuana industry, seems to be defying gravity when compared to the rest of the pack. Over the past year,…
3 Cannabis Stocks To Short Now After Getting Too High
Stocks overall have put in quite a performance since the Fed decision on March 15. The S&P 500 has risen almost 9% while the NASDAQ 100 popped over 13%. Those gains, though, pale in comparison to what the pot stocks…
Cannabis stocks soar after report says Congress plans vote on federal legalization of the drug next week
Cannabis stocks surged in late-afternoon trades on Thursday after Congress scheduled a vote to federally legalize the drug, according to…
3 Top Pot Stocks Ready for a Bull Run
Investing in a volatile industry, such as cannabis, is not for the fainthearted. However, this industry does have high growth prospects over the next decade, and there are some excellent, well-run, and growing companies in this space. While marijuana is…
Are These Marijuana Stocks Better Short Term Or Long Term Investments?
In recent trading marijuana stocks have started to see a bit of an upswing in trading. Now this time last year marijuana stocks were hit with a significant drop in the market. This decline mostly stemmed from the failure to pass…
3 Reasons to Invest in Cannabis Stocks Right Now
The cannabis industry is a growing sector that investors may be overlooking right now. According to analysts at BDSA, global cannabis revenue will rise by 22% this year and be worth $35 billion. And by 2026, the global market will…
