How to Invest in the Legalization of Marijuana
The highs and lows of planting Cannabis stocks in your portfolio
Although Ohioans voted against legalizing recreational and medical marijuana, investors are buzzing about marijuana stocks and the possibility of mega returns if more states join in.
Public sentiment is certainly leaning toward legalization. A recent poll by Gallup found that 58% of Americans believe the use of marijuana should be legalized, more than double the support the idea had in the mid-1990’s.
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More access means more consumers, and more profits, consequently, some cannabis stocks have outperformed the market as well. Viridian Capital & Research—a specialized boutique banking and strategic advisory firm that provides research, investment banking, investor relations, and corporate development services to emerging growth companies in the cannabis sector—saw the stocks it measures in its index rise more than...
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