Hot Penny Stocks To Watch As Marijuana Industry Gains Interest In 2021

Hot Penny Stocks To Watch As Marijuana Industry Gains Interest In 2021

Jan 11, 2021 (Penny Stocks via COMTEX) —

Are Marijuana Penny Stocks On Your Watch List In January

Penny stocks are synonymous with “early-stage” companies and industries. Even though legal and medical cannabis has been around for years, it’s still a very young industry. Furthermore, the fact that it isn’t legal at a federal in the U.S. means that there’s still plenty of room for growth. The inauguration of Joe Biden and the 46th President of the United States has quickly placed the focus back on marijuana stocks after a few years of lackluster performance.

On the campaign trail, incoming Vice President Kamala Harris emphasized a commitment for decriminalization stating, “We have a commitment to decriminalizing marijuana and expunging the records of people who have been convicted of marijuana offenses. When you look at the awful war on drugs and the disproportionate impact it had on black men and creating then criminal records that have deprived people of access to jobs and housing and basic benefits.”

New Life For Marijuana Penny Stocks?

Adding more fuel to the fire is the outcome of a vote on the MORE Act. This would effectively legalize marijuana at the federal level. The vote was put on hold in light of more pressing issues regarding new stimulus…

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Hot Penny Stocks To Watch As Marijuana Industry Gains Interest In 2021

Jan 11, 2021 (Penny Stocks via COMTEX) —

Are Marijuana Penny Stocks On Your Watch List In January

Penny stocks are synonymous with “early-stage” companies and industries. Even though legal and medical cannabis has been around for years, it’s still a very young industry. Furthermore, the fact that it isn’t legal at a federal in the U.S. means that there’s still plenty of room for growth. The inauguration of Joe Biden and the 46th President of the United States has quickly placed the focus back on marijuana stocks after a few years of lackluster performance.

On the campaign trail, incoming Vice President Kamala Harris emphasized a commitment for decriminalization stating, “We have a commitment to decriminalizing marijuana and expunging the records of people who have been convicted of marijuana offenses. When you look at the awful war on drugs and the disproportionate impact it had on black men and creating then criminal records that have deprived people of access to jobs and housing and basic benefits.”

New Life For Marijuana Penny Stocks?

Adding more fuel to the fire is the outcome of a vote on the MORE Act. This would effectively legalize marijuana at the federal level. The vote was put on hold in light of more pressing issues regarding new stimulus…

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