These pot stocks are poised to win big under Biden

The 2020 US election saw more states legalize cannabis. Dan Ahrens, Portfolio Manager at Advisorshares Pure Cannabis ETF, explains what that means for investors and warns that many are investing in the wrong companies.

This interview is from our show “Markets Now”. Watch the live digital show every Wednesday 12:45 p.m. to 1 p.m. ET., and get the latest news on the most important investing stories of the day as they happen: https://cnn.it/2ygGXfO

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50 Comments

  1. Leo Ferrante on June 2, 2021 at 7:46 pm

    People went to jail for Pot, Now its legal. For Shame Let people grow there own then. Its a God given plant. Should be FREE.



  2. Jonathan F on June 2, 2021 at 7:48 pm

    Ummm? What happened on the War on Drugs?



  3. Rambis on June 2, 2021 at 7:49 pm

    Great video. 2700%!?! Can anyone on the planet tell me why symbol FWDG- Future world (cannabis penny stock) is up 2700% (!!!!) in the last couple weeks?????? I can’t make heads or tails out of its climb and i am FreAkiNg out!!!



  4. Brad K on June 2, 2021 at 7:50 pm

    American companies are already operating in the US, legalization wont increase their market share. Meaning they wont get any significant benefit from legalization, it will only hurt them. but when LP’s move into the states they will siphon market share from MSO companies, reducing their revenue and increasing revenue for LP’s. LP’s are also pullimg revenue from around the world where MSO’s arent. A few mso companies will rise up, but the majority will be squeezed out and market share will be added to LP’s. Nobody operating in the states will keep up when LP’s buy up portions of US and add that revenue stream as well. Licenses will be gained through MSO aquisitions. While MSO struggles to maintain market share, LP’s will be pulling in revenue from other countries while increasing their revenue from the USA. In other words, MSO companies will lose their monopolies in their states to global competition and have nothing to gain but only lose from US opening its doors. This is the way



  5. Jessie Henderson on June 2, 2021 at 7:50 pm

    How are there pot stocks if it’s not federally legal. In order for banks to handle money from pot it has to be federally legal.



  6. Mina Qureshi-Proudmoore on June 2, 2021 at 7:51 pm

    I didn’t know this about Joe Biden – 😳 https://youtu.be/jPUFwmZN9eo



  7. Taylor Brown-Davies on June 2, 2021 at 7:53 pm

    Good analyzing, those top picks are just about right. Super interested in the global cannabis market. Is now a good time to buy more shares ? What company would best be recommended? Recommendations please



  8. JourneyMan Smitty on June 2, 2021 at 7:53 pm

    I wonder if they’re going to use the Cannabis to fix the economy like selling it to outside competitorsπŸ€”



  9. Craye Lazlo on June 2, 2021 at 7:53 pm

    Um. It’s happening with or without biden.



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  12. qanon pub on June 2, 2021 at 7:58 pm

    We will never know how many Democrats were executed by militarily tribunals. Lots



  13. Gutierrez55 on June 2, 2021 at 7:59 pm

    Best way to end up a felon, invest in an federally illegal substance. Horrible advice here.



  14. ctaukus on June 2, 2021 at 7:59 pm

    Oh sure why don’t you push the drugs on everybody now. Veritas Veritas Veritas Veritas Veritas



  15. Brandon Stephens on June 2, 2021 at 8:01 pm

    DπŸ‡ΊπŸ‡Έ



  16. Al A. on June 2, 2021 at 8:02 pm

    US marjuana stocks are OTC while Canadian ones are readily available on major indices.



  17. David Renshaw on June 2, 2021 at 8:02 pm

    MCOA



  18. INSECT BITE *-* on June 2, 2021 at 8:06 pm

    America is turning into North Korea soon



  19. Carina Depelean on June 2, 2021 at 8:06 pm

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  20. BeachBum on June 2, 2021 at 8:07 pm

    Due to Big Pharma flooding communities with Narcotics and destroying/killing people, Millions can no longer get pain relief necessary to lead normal lives. Pot MUST be LEGALIZED FEDERALLY.



  21. David Pierce on June 2, 2021 at 8:07 pm

    BUY $$$$$$$ NSAV $$$$$$$$ #1 Cannabis Stock. Super Cheap. You’ll be a Millionaire.



  22. DICKFARTZZ on June 2, 2021 at 8:09 pm

    Lol this guy.



  23. Who Dis on June 2, 2021 at 8:09 pm

    POT STOCKS ARE OWNED BY PELOSI AND HER SON..



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  26. REBEL COUNTY on June 2, 2021 at 8:12 pm

    Just buy gold



  27. Doug's Journey on June 2, 2021 at 8:13 pm

    Full legalization = the Wild West….. okay buddy



  28. VibrationsfromMirror on June 2, 2021 at 8:14 pm

    Look around, it is the wild west! Legalization is on the way and hemp will be used for clothing, fuel, and more!



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  30. Tim Sears on June 2, 2021 at 8:17 pm

    How can 90 percent of Americans saying yes to recreational weed for all the states be wrong, is r government for us or against us πŸ€”



  31. Benjamin Montierth on June 2, 2021 at 8:17 pm

    Alison has some nice dsls



  32. xtrtrek on June 2, 2021 at 8:18 pm

    He’s completley right. People are buying Canadian companies on the US news… meanwhile Curaleaf just posted more 2020 Revenue than Aphria, Tilray and Canopy Growth *combined* yet trades lower. Know what you are buying. Trulieve, Curaleaf, Green Thumb, Cresco, AYR, Columbia Care… these are actual US players with actual US stores… they are already bigger than the Canadian companies and it isn’t even legal yet!!!!



  33. Paul Russo on June 2, 2021 at 8:18 pm

    Nice information, I would like to invest in weed stocks, can anyone recommend a good platform for that?, I lost some money when I tried the first time, I don’t want make that mistake again



  34. Toxologie II on June 2, 2021 at 8:19 pm

    Europe has mostly healthcare for all…
    But America is going to legalize first…
    Wtf is wrong with Europe!?



  35. Julie Mills on June 2, 2021 at 8:20 pm

    Once again CNN the Real news



  36. Just busting your balls on June 2, 2021 at 8:22 pm

    All about greed. People that promote pot, usually have a financial interest in it. I am not knocking pot, just human greed.



  37. lily boone on June 2, 2021 at 8:22 pm

    As an epileptic, I need this…yet in Texas because I wasn’t born with seizures, (they came from a car crash) it’s illegal for me here.



  38. Patriot On The Left on June 2, 2021 at 8:24 pm

    Racism



  39. William Walker Perry on June 2, 2021 at 8:25 pm

    Genesis 1 11 12 29 Matthew 18*6 Biden’s Oath of office forces him to Legalize Marijuana!!!



  40. NeoKenni Me on June 2, 2021 at 8:25 pm

    One thing for sure : cannabis always brings peacefulness 😌



  41. FugleSkarn Productions on June 2, 2021 at 8:26 pm

    DONT EVER invest in big pharma cannabis! they will kill it and make it 300 times more expensive!!!



  42. Buk David on June 2, 2021 at 8:26 pm

    American pot is better then Canada pot



  43. loudawg on June 2, 2021 at 8:27 pm

    SGMD. a micropenny stock that has recently acquired 32 acres of land in Northern California to grow up to 128000 pounds of cannabis per season. The major catalyst is that this company also has big ownership in 2 cannabis delivery services in LA. Need I say more? Peep it yall! Load up!



  44. Largemouth Bassman on June 2, 2021 at 8:30 pm

    Biden is not going to legalize it, Obama didn’t.



  45. Ras Jahson on June 2, 2021 at 8:31 pm

    Excuse me while I light my spliff
    Good Jah I gotta’ take a lift
    From reality I just can’t drift
    That’s why I am staying with this riff



  46. Dave on June 2, 2021 at 8:31 pm

    $plprf top US Cannabis brand – in his fund



  47. Crank Tank2 on June 2, 2021 at 8:32 pm

    420 commentsπŸ”₯



  48. WHO'S WINNING? on June 2, 2021 at 8:34 pm

    CNN= DAMAGE CONTROL
    WE WANT MARTIAL LAW!!!/ 14TH AMENDMENT!!!



  49. Ryan Nash on June 2, 2021 at 8:35 pm

    $MSOS



  50. Aryan Gandhi on June 2, 2021 at 8:37 pm

    YOU are going to make your family proud. You are going to succeed. You are going to show the world who you really are. ALL GOD DAMN YOU! Let’s do it together my friends,=.