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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCannabis goes mainstream
Seemingly overnight, pot has gone from illegal and a joke to a multi-billion dollar businessApril 20 has become the unofficial holiday for marijuana users. So now's a good time to look at the red hot sector. Cannabis stocks are soaring as the business goes legit.
For decades, though nobody was really sure why, April 20 has been the unofficial holiday for marijuana users and a joke by and about them. Now, though, it's also a reminder of how quickly marijuana is moving from illegal and a joke to a multi-billion dollar legal business and a good time for us to take another look at how well cannabis stocks have been doing.
Publicly traded cannabis companies have reported strong sales since Canada legalized pot last October and several U.S. states voted to approve recreational and medical marijuana use.
Cannabis has also gone mainstream thanks to big investments and partnerships between marijuana sellers and blue chip consumer companies.
Corona owner Constellation Brands has a more than 35% stake in Canopy Growth, a Canadian cannabis company that intends to take a bigger step into the United States with plans to buy American cannabis firm Acreage Holdings. Constellation also disclosed Thursday it may eventually boost its stake in Canopy to 50%.
-more-
https://www.msn.com/en-us/money/topstocks/cannabis-goes-mainstream-seemingly-overnight-pot-has-gone-from-illegal-and-a-joke-to-a-multi-billion-dollar-business/ar-BBW6OOq?li=BBnb7Kz
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Cannabis goes mainstream (Original Post)
Yo_Mama_Been_Loggin
Apr 2019
OP
I just went to the local MJ store because everything is BOGO. They were so busy I was told to come
in2herbs
Apr 2019
#1
If my twenty year old self could see this happening in the future boy would I be shocked.
UniteFightBack
Apr 2019
#2
in2herbs
(2,947 posts)1. I just went to the local MJ store because everything is BOGO. They were so busy I was told to come
back in two hours. I'll do it because I'll be saving $200.00 on the purchase I want to make.
UniteFightBack
(8,231 posts)3. I can't wait until I'm saying that shit. Until then ....
I'm coming ova.
UniteFightBack
(8,231 posts)2. If my twenty year old self could see this happening in the future boy would I be shocked.
Calls for a celebration I say ! :smoke
If all the alcoholics were potheads...we'd have a much happier world.