Cannabis (also known as marijuana, pot, and weed) stocks have been making recent headlines on the heels of the MORE Act, a House bill that would remove cannabis from the list of banned controlled substances but leave legalization up to each state. This has cast a spotlight on the cannabis sector which has seen some related stocks fall by as much as 90% after making all-time highs in February 2021.
As worldwide spending on legal cannabis reached $21.3 billion in 2020, a 48% year-over-year increase, many investors have been patiently waiting for the right opportunity to invest in this flowering space. Some analysts predict that the cannabis industry could become a $50B market if nationwide legalization were to occur.
So, is now the right time to roll your money into cannabis stocks, potentially making sky-high profits, or are the risks of potentially smoking your investment too great?
Join John Rowland, Barchart’s Head of Trading Education, as he breaks down the legislative headwinds and developing tailwinds of the cannabis sector. John will also show you how to use Bachart’s cannabis stock market ideas page to identify several stocks and ETFs that could become long-term winners.
In this webinar, you will learn about:
– Cannabis Stock Market Ideas Page
– Regulatory and legislative risks for the cannabis sector
– Cannabis stocks that could benefit from continued industry growth
– ETF vs. Stocks – Which vehicle is best for cannabis investors?
Get a FREE 30-Day Trial to Barchart Premier using this link: https://www.barchart.com/get-barchart-premier?ref=webinar
#Cannabis #Trading #StockMarket #MOREAct
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