Three Famous Cannabis Stocks to Sell (and Two to Buy) – Money Morning

The single biggest edge cannabis investors have in 2021 is… they’re early to the show, with the best seats in the house.

Never mind that cannabis is already a perfectly legal $17.5 billion industry in the overwhelming majority of U.S. states and territories and a thriving $4.7 billion business across all of Canada – though, those profits have been great.

The really big profit catalyst is still to come – and it looks to be coming up fast. I’m talking about the Marijuana Opportunity Reinvestment and Expungement (MORE) Act – nothing less than the full federal de-scheduling and decriminalization of cannabis.

Then… dinnertime.

At that point, the cannabis sector’s access barriers vanish. Dozens of large-scale U.S. cannabis businesses will be able to freely access the vast, $45 trillion ocean of capital splashing around the New York Stock Exchange and NASDAQ. The $19.1 trillion pension funds will finally be able to purchase U.S. cannabis stocks, and the estimated 20 million Robinhood users out there can trade marijuana stocks all day if they want.

And only the folks with the savvy to be here before this happens will maximize their profits. The triple- and quadruple-digit gains cannabis investors have enjoyed so far are, essentially, just a taste,

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