Why 5 States Will Legalize Cannabis in 2021 … and What It Means for Stocks
Why 5 States Will Legalize Cannabis in 2021 … and What It Means for Stocks
Research analyst Matt Clark zooms out on the cannabis industry to look at the five states most likely to legalize cannabis in 2021 — and why he thinks that will happen soon. With 70% of Americans living in a state where cannabis is legal in some form and broad support, adult-use legalization is coming. Watch these states for the next legalization measures. And here’s what it means for cannabis stocks.
0:54 — Legality in the U.S. today
3:26 — 5 states likely to legalize next (and why)
6:56 — Cannabis Watchlist update
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About Matt Clark: Matt Clark is a 25-year journalism veteran covering topics from college sports to politics and business. Over the course of his career, he has been awarded for investigative journalism, business reporting, editorial writing and sports coverage. Now, he’s the research analyst for Money & Markets, where he also hosts The Bull & The Bear podcast — available on Apple Podcasts, Spotify and Google Podcasts.
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#Cannabis #Stocks #Investing
It should have never been illegal it’s a plant god made for us as a medical remedy.
Can u do a vid on gentech holdings they’re a sleeper company on the rise ! Thanks
Show Texas those charts!
They need to make insurance companies help pay for medical Marijuana. It’s too costly for patients to afford it who need it. It’s cheaper than most medications that people won’t have to take if they can use cannabis instead. I’ve driven from out of state to DC where it’s totally legal to buy it because at this point in my life I cannot break laws. This is stupid that I cannot use it and others can for very serious medical problems. It isn’t fair.
Also don’t bullshit us. By keeping it illegal on a federal level you create a gray area. In which Illegal companies can operate because it’s all cash. So I guarantee a lot of illegal drug money is being washed via the cannabis industry.
Texas we need it
HIGHTIDE!!! (HITIF)
LOOKS PROMISING!
Years ago I recall browsing online and seeing a school called Oaksterdam University, which was teaching people to grow marijuana despite it being illegal. Fast forward 10 years or so and I see Caucasian people getting licensed to grow and sale marijuana. While so-called black people were imprisoned. What foresight. What a plan❕
You’d be amazed at how much you can grow and smoke if ya’ don’t go blowing IT in their faces!
Big deal you have done done your home work.i will believe it when it happens. Emperor Cuomo won’t do anything for new York unless he can personally gain from it
It’s been used for so many years and the reason why it’s not legal is because they have a stigma with it. They need to make it a medicine and make it way for insurance for it to pay for medical MARIJUANA. I use medical MARIJUANA and I spend $525 a month .
Why,
Becous cannabis is no real drug
Alabama please just for medical and I’d be happy.
VA just made weed legal a day ago, however you must wait til ’24 for it to begin.
I’ve heard that Illinois first year made over 1 billion
Why stop there?
First , it’s not a drug , it’s a plant . It’s 10 times safer than alcohol and and way , way more safe than most prescription drugs . It still baffles me how this is still a discussion.
Will Georgia legalize marijuana if so when
You didn’t see the senate flipping.. changes everything.. and ya didn’t see Virginia coming
Me Praying Texas is one of them…
LoL! Jokes are fun!
I live in Delaware! I want Cannabis legal in Delaware! 🙏💐🌸☦🇺🇸
New york in April legal for recreational
You can grow it your self
No one should still be going to jail for this.
Kentucky will NEVER legalize it which sux cause it’s a poor state and needs the money
People should realize that Prohibition directly lead to the rise of the Mafia earning them as much as $1 billion by some estimates. In states that it isn’t legal people will just go on getting it underground in the black market and because they are breaking the law they will have disdain for many other laws and may break those, too. Where I live in California, and when I visit in Oregon, you might as well just say it’s legal. I can grow up to 6 plants legally, carry up to an ounce with me, have up to 5 pounds in my home, or go to the cannabis store and buy some. My six plants give me about 4 pounds a year which is plenty. I buy my seeds at nogreedseed.com. Cannabis is a sacred herbal plant and should be treated that way as a gift from God. I worked for NORML all the way back in 1980 to make it legal in California. Looks like there are only 3 states now where it isn’t either decriminalized or totally legal.
Anyone know anything about it being legal soon in North Carolina
Don’t get a medical card for pot. Most say you volunteerly agree to give up your 2nd right. Just another roundabout form of gun control.
Indiana has a surplus of tax revenue they don’t need the tax money
Legalize It give the average customer great prices to beat Black Market sales and then tax at 25% hundred dollars worth of cannabis would cost you a hundred and twenty-five in which 25 would go to the government new Bridges new paved roads new school books the government will be shocked on the revenue from taxes it should have been done as early as 1968 I’m just saying the truth I support cannabis do to my health if it was not for me smoking I could not put up with the nausea pain PTSD to some people it is a drug but to many others is a miracle medicine
Peace abundantly!!!!! Yes we see canvas getting legalized ,you made enough money when you made it illegal you build your court houses ,restored the oldest court buildings ,city’s, roads,bridges, driving new cars,vans, all on drug money fines, just how america was built with opiate sales to chinese, then made it illegal,made this country on drug money, give to all the patients and non patients, then attack your own citizens, you made alot of money 💰 off the addiction you got people on, now make pot legal ,. Only til you are in control of grow houses, and sell it in your buildings, but you or. Monsanto will never have control of the seed,. That’s. God’s seed,. Peace
My kind of green deal
Eventually the only place left to find that rare illegal cannabis will be Idaho. 🙂
This administration will in time take control of the production and distribution. Anything that draws that much money will be of interest to them. And it makes us more dependent.
Thank you so much for this video!
It needs to be done just like Colorado. People would benefit and it can help!! If you are trained about each strain the better to help the person’s needs. The State Revenues would help bridges and schools. I’d rather it be legal than have some one come in and take over from another country!! Kansas is a joke!!
Hello
If they legalize it will gov. try to take our guns – gov. doesn’t do anything without taking something
Thank you i will start investing into these companies share per each to start
Will Indiana legalize in the near future
Let the american people vote on it! Let US decide -not the politicians!! Pot has never killed anyone. How many has alcohol killed? MILLIONS!!! Pot can help end poverty and create millions of good honest jobs. Plus help end opioid addiction and treat many health problems. Its time to reap the rewards of it and end all the petty senseless arrest everyday!
Of course Florida is not one of them, because we already get tourist as it is for revenue smdh
Yes will take time ,but if they were smart they would do it now, because they don’t know if ,but it could actually save the Country! Peace & Love
Legalize Wisconsin
Your take on Agritek Holdings future in the market?
It won’t be Kansas, we are always last when it comes to money generating business
Can we get some love in Tennessee?? Geez.
Recreational use all across the nation
Florida is definitely not getting legalized.and medical isn’t even worth it.
WTF is wrong with Kansas?! What a bunch of ignorant, backwards, dinosaurs! Wouldn’t hurt my feelings if this state was just used as a prison for all trump supporters, and give it hard borders except maybe for a fenced-off strip for I-70.