Keep an eye on cannabis stocks as we near the election.
With about 88% of the U.S. population wanting legalization, as noted by a Pew Research poll, the candidates could rake in more votes by talking about it.
Fueling further upside, Florida may soon legalize it for adult use. Germany just made it legal, which could lead to a domino effect across Europe. The U.S. may soon reschedule cannabis. Plus, there is growing speculation of positive mentions of legalization heading into the 2024 presidential elections.
Plus, according to Marijuana Moment, President Joe Biden has been “very, very clear” about his support for decriminalizing marijuana, the White House said on the eve of 4/20. But currently, the administration is waiting for the Justice Department to complete its review into cannabis scheduling.”
| That being said, investors may want to consider related stocks, such as Canopy Growth (SYM: CGC) and ETFs such as: With an expense ratio of 0.60%, the ETF was the first actively managed U.S.-listed ETF with dedicated cannabis exposure focusing exclusively on U.S. companies, including multi-state operators, as noted by Advisor Shares. Some of its top holdings include Green Thumb Industries, Curaleaf, Cresco Labs, and Trulieve to name a few. |
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Why Crypto is Set to Explode Now That the Next Bitcoin Halving Hit…
The first Bitcoin halving happened on November 28, 2012. Bitcoin went from $12 to $1,046 over the next year.
The second Bitcoin halving hit on July 9, 2016. Bitcoin launched from $663 to $19,118 in 18 months.
The third Bitcoin halving struck on May 11, 2020. Bitcoin jumped from $8,500 to over $64,000.
And now, the fourth Bitcoin halving just hit once more.
Here’s why this will kick off the last great bull market in crypto.
| ETF: ETFMG Alternative Harvest ETF (SYM: MJ) Or, take a look at the ETFMG Alternative Harvest ETF (MJ). With an expense ratio of 0.75%, the ETF measures the performance of companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives, as noted by ETFMG.com. Some of its top holdings include Tilray, SNDL, Cronos, and Canopy Growth. |
Warning: Don’t type “Trump” on your phone (Feds could be watching)
A WARNING to patriots…
If you’ve supported President Trump…
Purchased hunting ammunition…
Or even purchased a Bible…
Are you now on an FBI Watchlist?
