Marijuana Stocks Could See Better Trading In The Near Future
Right now could be a good time for most marijuana stock investors. The reason is due to all of the affairs happening in the cannabis industry. For some time marijuana stocks trade with a high level of volatility. Yet this volatile action has been more on the downside than the upside. But the cannabis sector like other sectors reacts to industry trends and news. The cannabis industry is still growing and developing which creates a certain amount of speculation. Currently, there is much in the works that could have led to pot stocks having increased momentum. But much of this is based on what will take place as things continue to push forward for the sector and industry as a whole.
More States Could Soon Vote To Legalize Cannabis
At the moment there are more states that are on the path toward legalizing cannabis. Whether it be medical or adult use with more states going legal it continues to add to the growth of the industry. In the US cannabis is still federally illegal. Yet states have the power to legalize marijuana and set up a market within those locations. Many states that are legal have seen an influx in revenue which has resulted in solid business and earnings. In fact, many companies are getting ready to report earnings which could be a means to see better trading. Right now over half of the United States has legalized marijuana in some form. When a state legalizes cannabis it adds more value and strengthens the cannabis industry as a whole.
The Fight For Federal Cannabis Reform
The fight for federal cannabis reform has been an ongoing battle. Over the last several years there have been many attempts to get the job done. As mentioned above cannabis is still federally illegal. Yet many politicians in favor of cannabis reform are working to make it happen. Many variations of federal legislation have been drafted filed and passed through the House but have yet to make it out of the Senate with a positive vote.
In recent news 3 key members of the Senate have finally revealed its long-awaited federal reform bill. When the bill was released this past week it added some much-needed momentum to the sector. Still many feel that the bill will still face issues being passed. As well these same advocates feel we are closer to seeing marijuana banking become law before the end of cannabis prohibition.
[Read More] Chuck Schumer Has Finally Revealed His Long Awaited Marijuana Reform Bill
Cannabis Companies Earnings And Industry Growth
In addition to state and federal reform, the industry as a whole is growing on a different level. Now due to state-level legalization, various rules and regulations, as well as business ventures, are becoming more relevant. In the last year, some companies have expanded through mergers and acquisitions. When this occurs one or both companies depending on the deal will have access to its assets. From this, it creates and establishes what some refer to as super companies.
As well it can also have an impact on the company and how it maintains or grows its profitability. In addition to launching new products. Investors tend to focus on the companies that continue to show strong profits and growth. With earnings soon to be released for the sector this can also lead to a rise in trading. Plus when a cannabis company can show its generating revenue and is consistent with it this can sway some to invest in a marijuana stock like that. So far 2022 has shown that even in a volatile market publicly traded cannabis companies can still turn a profit.
[Read More] Here Is What’s New In The Cannabis Industry
Outlook On The Cannabis Industry And Investing In Marijuana Stocks
All in all the cannabis industry is looking strong and pushing forward. Despite still not having any type of federal reform in place state-level legislation is looking strong. Not to mention each state has the power currently to dictate its market once voted to go legal. So with a tremendous amount of growth and innovation since the first legal state, there is still much to be seen. 
A good amount of shareholders feel that once prohibtion is no more on that day possible run could take place for marijuana stocks. That’s why with this volatile behavior any kind of pullback is a means to find marijuana stocks to buy. Yet for now, those invested are left waiting to see what will unfold in the future. Also since there is much more to be seen there is still time to get invested.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
