Marijuana Stocks Ready To Turn A New Leaf In 2018 – Seeking Alpha

Many opportunities have risen from the long list of marijuana stocks that have come about over the last few years. The early part of 2014 was a realistic tipping point for what had been building momentum during the years prior. Colorado legalizing recreational marijuana was the proof that other states needed in order to begin the domino effect that we know today as the green rush. But just because there has been so much success in the market (and failure for that matter), it doesn’t mean the rush is over.

There are still states that have yet to enact marijuana laws and keep in mind that 2018 is the year that we see both California and the country of Canada “flip the switch” for fully legalized recreational marijuana. This having been the case, there is now the first US ETF going live that will focus on the industry. But there seems to be much more misnomer on the topic than actual analysis, to be honest.

One article highlights a list of “potential stocks” to be included but anyone who remotely knows the space would quickly pick out the ones that have no business even being considered. Several have even taken a step out of the space entirely. So to really know where the opportunity may be with an investment into something like this, investors should really take into account a “lay of the land” of sorts.

Marijuana Stock Trends For 2018

Next year looks like it could be a tipping point for the cannabis industry. Not only will we see Canada going full recreational but you also have California widening its budding roots for its recreational marijuana marketplace to go live. Justin Trudeau, the Prime Minister of Canada, seems to be very bullish on the subject. He recently tweeted

Read More Here...

This entry was posted in Casino Gambling Stocks News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Trackbacks are closed, but you can post a comment.