Forget Trump vs. Biden: Cannabis Investors Should Focus on These Election-Night Results

The U.S. federal election is less than two weeks away. While millions of people will be watching closely to see whether Trump or Biden wins, some people, especially cannabis investors, will be laser-focused on specific effects of America's choice. While a Biden victory may lead to the decriminalization of marijuana, as Kamala Harris suggested in a recent debate, it is not guaranteed to result in more industry opportunities.

But as voters in New Jersey, Arizona, South Dakota, and Montana make decisions regarding state marijuana legalization next month, the presidential election could be much more important for the business of marijuana in America. For multistate operators like Acreage Holdings (OTC: ACRGF) and Curaleaf Holdings (OTC: CURLF), which operate in more than a dozen states, election results could open up some attractive new growth opportunities.

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Source Fool.com