TipRanks
Betting on Marijuana Legalization Bill? Analysts Suggest 3 Stocks to Buy
You don’t normally think of Federal regulation – or the prospect of Federal regulation – being the catalyst for sudden, industry-wide, spike in share prices. But that’s exactly what we’re seeing with cannabis stocks right now, as a House Republican has submitted a draft bill on Federal legalization – on that may stand a better chance of passage than Democratic Senator Chuck Schumer’s stalled bill. The bill is being drafted by South Carolina Republican Nancy Mace, and discussion has been going on
