Marijuana Reform Omitted From Biden Transition Plan On Racial Equity Despite Campaign Pledges
https://www.businessinsider.com/how-a-biden-presidency-will-affect-the-cannabis-industry-2020-10
https://www.cnn.com/2020/11/09/investing/cannabis-stocks-election-biden-canopy-growth/index.html
I try to use as many quality soirces as possible when covering inportant issues as the headlines indicates. So expect to see the links above to the cited articles.
Legalization may. Not be a likely priority but with the decriminalization as a central piece of justice reform with expungement of drug convictions for Cannabis a focus. I expect that changing it from a schedule I drug will also happen along with that it will no longer be incentivized for law enforcement to focus on these types of quality of life and low level crimes. Especially as it becomes more accepted part of daily life ans has been for sometime.
With opportunities continuing to be created by recreational cannabis being legalized in 3 more states this past election cycle. I see continued growth as NY state is also considering recreational legalization which would open up one of the largest markets to finally enter the market. Expect a huge boost to the stock prices of (ACB, CGC, TRTC, TLRY) of that occirs as anticipated. You can follow them for free with the Yahoo finance app use whatever tools or site you prefer but the link is below.
https://finance.yahoo.com/u/yahoo-finance/watchlists/420_stocks.
https://play.google.com/store/apps/details?id=com.yahoo.mobile.client.android.finance