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The Marijuana Stock to Buy Before New Jersey Cannabis Legalization in November

By , Cannabis IPO Expert, Money Morning -

Sometimes it takes a few baby steps to get things moving, which is what we have with cannabis legalization in New Jersey.

But that's okay, because I'm incredibly excited for the full leap the Garden State can take in November to vote for full legalization.

That will open up a whole new group of buyers and mean dispensaries can sell more products, generate more sales, and stock prices can climb higher.

A report from analysis and advocacy firm, New Jersey Policy Perspective, projects that 343,000 New Jersey residents could spend $1 billion on cannabis each year.

So ahead of this exciting development, I wanted to provide a quick overview of current cannabis laws in New Jersey, what's happening in November, and some of the companies already operating in the Garden State.

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Recreational Cannabis Sales Remain High in IL amid COVID-19 | Money Morning

By , Money Morning -

It's no secret the coronavirus pandemic has upended the economy.

Retail, travel, and luxury companies have been hit the hardest.

But one industry is trucking on better than ever: cannabis.

In fact, recreational cannabis sales in Illinois are growing despite the crisis.

Legal cannabis sales grew by $1 million between February and March, with sales totaling $36 million in March alone.

That's great for the industry, but the reason why sales are growing is even more important.

And it's just one more reason why this could be another breakout year for cannabis stocks...

What Bernie Sanders' Marijuana Legalization Plan Means for Investors

By , Money Morning -

No matter on which side of the political aisle you sit, election years are a great opportunity for investors.

We here at Money Morning are not concerned with who is in the White House. Our only mission is to help readers make money no matter the political, economic, or social landscape.

Whatever the reality, we want to have a plan to exploit it.

And Bernie Sanders' marijuana legalization plan could blow the lid off the industry...

Caliva Stock Is Just One of Many Ways to Start Investing in Cannabis

By , Money Morning -

Caliva is a Californian cannabis startup that's getting a big boost from legendary quarterback Joe Montana.

Montana's venture capital fund, Liquid 2 Ventures, has a stake in Caliva.

The marijuana startup raised $75 million funding last year.

The company offers retail cannabis stores and same-day delivery and is using the funding to expand its operations.

But there are even more opportunities out there, you just need to know where to look.

And Joe Montana is here to help.

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Oklahoma's Marijuana Legalization Is Giving These 4 Pot Stocks a Lift

By , Money Morning -

One of the most exciting parts of the cannabis legalization trend is how universal support for it is.

Although deep in the heart of "red state country," Oklahoma has one of the most liberal medical marijuana laws in the country.

And it's still planning on expanding its cannabis laws.

That's great news for investors.

Today, we'll give you an edge on the market by showing you the five stocks with the most at play in Oklahoma.

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Why Colorado State University's New Degree in Cannabis Is a Pivotal Catalyst

By , Money Morning -

When we saw Colorado State University Pueblo start offering a bachelor of science in cannabis, we knew it could be a major catalyst for the whole industry.

This isn't a clever marketing gimmick or novelty either.

The degree will require rigorous courses in biology and chemistry.

While it might sound like a small development, it could have sweeping implications.

Here's what we mean...

Is Aurora Cannabis Still a Marijuana Stock Worth Owning?

By , Money Morning -

Cannabis exploded onto the mainstream investment scene in 2016 and for more than two years it produced huge wealth for early adopters.

Aurora Cannabis Inc. (NYSE: ACB) stock soared 343% in 2017 alone.

But late in 2018, the wheels seemingly fell off the cart and marijuana stocks fell back down to earth.

Despite Aurora's popularity, there are plenty of other marijuana stocks on the market, so investors can afford to be picky right now.

Here's what you need to know...

If You Want to Start Investing in Marijuana Stocks, Begin Here

By , Money Morning -

If you want to get started investing in marijuana stocks, we have the perfect company for you today.

This is an ideal cannabis stock for newcomers.

It's traded on a major exchange, is profitable, and pays investors a dividend.

Today, we'll give you a rundown of why this is an excellent cannabis stock as well as why its unique business model is so effective.

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