There have been structural challenges around the weed stocks sector that have caused investors to look for better opportunities in a stock market that has generally boomed.
“We’ve been investors in the sector since 2014, we’ve seen 7 or 8 downtrends now.
Biden may be taking his time to change federal prohibition, but the trend is that more and more states will start allowing cannabis use, recreationally or medically.
When the underlying businesses start to get recognized, the cannabis sector will see a massive turnaround.
Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice.