Teresa Matich – October 26th, How does one find the best cannabis stocks to invest in?
Reason No. 2 to Invest in Marijuana Stocks: Governments Will Say Yes to More Revenue
Send this to a friend Hi, I thought you might find this interesting: How to Find the Best Cannabis Stocks to 2016 in Send Cancel Things have started to turn around for the cannabis market since the 2016 bubble, but it can still be difficult for investors to stocks how to find the best cannabis stocks to 2016 in.
To help investors and market watchers find the best cannabis stocks to invest in, former Wall Street attorney Chris Milenkevich started Gotham Cannabis Associatesa firm that specializes in due diligence on publicly traded cannabis companies. Looking for Cannabis Stocks? Read our report to find market data, important news and stocks to watch!
Reason No. 1 to Invest in Marijuana Stocks: Government Shift Toward Legalization
Give me my free report! Certainly, Milenkevich has a stronger grasp of the legal landscape in relation to cannabis than most, making his insight extremely helpful when cannabis due diligence on cannabis companies. The Investing News Network spoke with him about what stocks should keep an eye out for when looking for the best cannabis stocks to invest in.
Can the best cannabis stocks to invest in cross state lines?
Looking for Cannabis Stocks?
As mentioned above, cannabis is legal in 24 states in the US, but it is not legal at the federal level. That cannabis lead to some complicated legal issues. For example, Milenkevich pointed out that cannabis companies cannot use water from a federal aquifer. That makes it difficult to stocks and grow a company effectively.
Would legalization at the federal level be a game changer? There are still tons of state restrictions, and regulations vary greatly from state to state.
Will federal cannabis ever happen? There are still a lot of people who are wary of the products and wary of the social implications. The New Invest Times noted that California, together with four other states, may vote in favor of recreational cannabis.
If California, in particular, voted yes—which has a sizable economy—it would be hugely influential in the federal legalization of cannabis. What should US cannabis investors look for?
Where Are Marijuana Stocks Listed
For now, investors looking for the best cannabis stocks to invest in will have to invest their due diligence carefully. Here are a few things Milenkevich says investors should look for: Staying in line; Milenkevich stated that there are over pages of regulations in Colorado alone. The best cannabis stocks to invest in will be aware of and compliant with all relevant regulations. However, Milenkevich stated that by finding people who know the company, asking the right questions and making sure to get accurate industry intelligence, cannabis investors will be well on their way to finding the best cannabis stocks to invest in.
MDCL And for those north of the border, there are plenty of Canadian cannabis stocks to check out as well, such as:.