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This Market Is Key to Tapping Into Huge Cannabis Profit Potential

When it comes to legalizing cannabis, really moving the needle toward full federal legalization comes down to one thing. Yes, it's true that seeing more conservative states legalize cannabis would help. Bringing more states into the legal fold cuts down on black market sales and brings that money to companies operating within the law. In 2020, we have 19 states that could potentially pass some form of cannabis legalization. The economic impact of that would be staggering. But you have to crawl before you walk, and everything starts with medical cannabis. According to Pew Research Center, nine in 10 adults in the United States are in favor of legalizing medical cannabis. It's no wonder support for medical cannabis is sky-high. Countless researchers have demonstrated the health and wellness benefits of cannabis for everything from cancer to migraines. Additionally, medical cannabis plays a huge role in the fight against the opioid epidemic, replacing those harsh chemical drugs with a much healthier, safer alternative. The benefits speak to people across party lines. Broken down by political affiliation, Republican support for medical cannabis clocks in at 87%, while Democratic support is all the way at 96%. Should all this support translate to actual reform, a lot of profit potential will be put into play. Let's break it down... Full Story Let's break it down... Full Story Tags: Marijuana Industry To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This Market Is Key to Tapping Into Huge Cannabis Profit Potential appeared first on Money Morning - We Make Investing Profitable .
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