4 Marijuana Stocks To Watch In 2018
In this video I discuss a few cannabis related stocks that you may want to watch in the next 12 months. As you may already be aware, the marijuana industry is projected to grow drastically in the next decade around the world due to the legalization of the drug in multiple countries and states. Although I tend to invest in sectors that I am familiar with, marijuana is the exception to this rule. I do not personally consume marijuana but it is without a doubt an industry that will have a fairly large impact on our economy and our society.
Marijuana is still considered a schedule 1 drug by the U.S. Federal government and I doubt we will see the Trump administration change the classification of the drug anytime soon. With that being said, the Federal government is unlikely to impose harsher laws on marijuana. There has been a great amount of debate over the marijuana industry in regards to which powers are reserved for the states and which powers are claimed by the federal government. If you’d like to discuss federalism etc. let me know your opinion in the comment section . I love politics 🙂
There’s obviously many more marijuana related stocks that I did not mention in this video. If you have any particular stocks that you have been watching, let me know in the comment section!
Also, I should probably mention this disclaimer:
I am not a financial adviser. I am not telling you to invest in any of the stocks mentioned in this video! These are simply some stocks that you may want to watch. Invest at your own risk and don’t ever invest money you cannot afford to lose!
Thanks for watching!