By Money Morning News Team, Money Morning - • Print | Email
We’ve said that cannabis will eventually be legal on the federal level, no longer just the patchwork of state legalization nationwide.
And most recent marijuana stock news is very promising on that front.
And it could boost marijuana stocks sooner than you think.
By Money Morning Staff Reports, Money Morning - • Print | Email
Each week, we try to help you identify the best way to cash in on cannabis legalization efforts.
Though we’re seeing disappointment on the federal legalization front this week, there’s plenty of movement at the state level…and in professional sports.
By Money Morning Staff Reports, Money Morning - • Print | Email
The CBD industry took some hits early on, but that’s all set to change.
So you can prepare, we’re to show you what might be the best CBD stock to buy in 2020.
No doubt, most investors have heard by now about the healing properties of cannabidiol, or CBD.
That’s the non-psychoactive compound in the cannabis plant that can help with pain relief, calming and overall better health.
Many have already invested in cannabis stocks, poised to ride the wave.
By Money Morning News Team, Money Morning - • Print | Email
Several applications of cannabis are forming entire industries of their own – from medicinal use, to beverages, to edibles. The CBD industry has a hand in all of these.
That’s why it’s expected to grow to $22 billion.
And our best CBD oil stocks to buy are taking the lion’s share of that.
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
We want you to be the most informed cannabis investor in the nation, so we’re taking a deep dive into the 10 states most likely to legalize marijuana in 2020.
Greg Miller, Executive Director for the National Institute of Cannabis Investors, says it’s a crucial year for marijuana stocks.
Most of the 2020 presidential candidates support federal legalization.
And even some of the most hardline anti-pot states are easing restrictions.
The legal cannabis market is worth $10.8 billion right now.
But Miller says full U.S. legalization could make the cannabis market “jump to over $300 billion practically overnight.”
By Money Morning Staff Reports, Money Morning - • Print | Email
Going into 2020, investors will eye the ongoing cannabis legalization movement around the United States.
Several states will fight to put marijuana on the election ballot next November.
But the Midwest in particular could erupt the cannabis industry.
Illinois, for example, will legalize recreational cannabis on New Year's Day.
The closer we get to full legalization, the more important it is for cannabis investors to stay informed.
Small shifts in political sentiment can provide massive windfall for cannabis stocks.
Companies that are tiny right now could in fact dominate future state and national markets.
By Money Morning Staff Reports, Money Morning - • Print | Email
Marijuana legalization hasn't seen a year like 2020.
Several states are poised to allow recreational and medicinal marijuana.
There is even a strong push for federal legalization.
And investors around the country are preparing to cash in on the biggest cannabis wave yet.
With the start of the new year just weeks away, let's take a look at several policy breakthroughs on the horizon.
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
There are currently 33 states, including Washington, D.C., where medical marijuana is legal.
For recreational cannabis, it's merely 11 states, including D.C.
That makes 44 total states with legal cannabis.
In 2020, this number is going to change. And one top cannabis stock could soar 221% because of it.
By Money Morning News Team, Money Morning - • Print | Email
California may be ahead of the curve when it comes to legalizing marijuana. But complex and disjointed regulations have held back California marijuana stocks.
The lag comes after lawmakers decided to leave regulation up to the 58 counties and 482 incorporated towns and cities.
This led to an inconsistent patchwork of laws that are different on one side of the street than the other.
They’re attempting to fix this dilemma, but it could take some time for marijuana stocks to respond.
One thing is clear, however: this will be a massive legal marijuana market with billions in revenue potential. And here’s why.
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
As the largest hemp-grower in the world, China claims it's on pace to lead the global CBD market… whenever China legalizes CBD, that is.
Most of China's hemp operation goes to textiles.
So until China comes around on legalization, the United States will continue to be the best place to invest. And one of the best cannabis stocks to invest in is an American CBD company poised for a 212% climb in price over the next year.
