Cannabis Federal Legalization Begins And What to Watch with Cannabis Stocks News



Cannabis federal legalization is set and basically has just occurred. Biden has announced he is rescheduling cannabis which, this is cannabis stocks news we have been all waiting for. I explain in this video how the move to Schedule II will shift cannabis stocks. This cannabis stocks news is the best thing to happen so far. But, cannabis stocks are also being weighed upon by the broader stock market and the economy. Still, with Biden rescheduling cannabis, this allows cannabis stocks to be up-listed to Nasdaq and beyond. Cannabis federal legalization looks a lot different than most of us believed. Cannabis stocks initially shot upward. This is the correct thing as cannabis stocks are significantly undervalued. But, what needs to happen is cannabis federal legalization needs to move forward. However, this is going to take time. I do not believe SAFE+ has a shot at this point that instead, cannabis being rescheduled will push cannabis stocks upward. Look for more cannabis stocks news and cannabis federal legalization to occur in the coming months and quarters. I will continually update cannabis stocks investors with cannabis stocks news as it comes available.

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