Will marijuana stocks hit a new high?
Great progress in terms of legalization was made for the Cannabis/Marijuana sector in 2020. The 2020 elections resulted in a number of US states engaging in new Cannabis friendly policies and laws being approved by voters, which caused Marijuana stocks soared during the election.
Congress announced they will meet in a joint session Wednesday to formally count the votes of the Electoral College on Jan. 6. In today's market, stocks in industrial hemp sector soared. For instance, $SNDL Inc (SNDL.US)$ surged more than 20%, $Aurora Cannabis (ACB.US)$ gained more than 16%, and $Tilray Brands (TLRY.US)$ climbed more than 18%.
After announcing the president of U.S., will marijuana stocks hit a new high in 2021 for that? Please vote and leave your comment!![]()
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Helen Swart : $Aphria Inc (APHA.US)$ been in this boy at $3.77 for 1k shares. Good to see the continued growth. Still holding long though and not pulling out anytime soon! Let’s keep riding
Verdiand Clive : It will definitely rise. If Biden is elected president, the Biden administration will promote the legalization of marijuana at the federal level.
State Stefan : Hummmm..maybe, market is a changing story
Charles : It will rocket this year if Biden and Democratic government wins.