Cannabis stocks could see higher highs.
All thanks to further support on election night.
For example New Jersey and Arizona voted to approve amendments to legalize the use of green for those above the age of 21. Voters in South Dakota approved it for medical use.
Montana voted to legalize, regulate and tax recreational green for adults 21 and older.
Those and 11 other states — Washington, Oregon, California, Nevada, Colorado, Michigan, Illinois, Maine, Vermont, Massachusetts, Alaska, and the District of Columbia already allow legal recreational use. And we have to consider that with Joe Biden in the White House, he could more willing to legalize on a national level.
That being the case, the green boom is still very much alive and well.
Some of the top cannabis stocks investors may want to consider include:
- Aurora Cannabis Inc. (ACB),
- Canopy Growth Corp. (CGC),
- Aphria Inc. (APHA),
- OrganiGram Holdings Inc. (OGI),
- Green Thumb Industries (GTBIF),
- Cresco Labs Inc. (CRLBF)