The 2 Big Obstacles for Marijuana Stocks: Mitch McConnell and Joe Biden
There's one development that would almost certainly cause marijuana stocks to skyrocket: the legalization of cannabis at the federal level in the U.S. With most Americans supporting marijuana legalization, you might think that this milestone is right around the corner. Think again.
It seems unlikely at this point that any changes will be made to U.S. federal cannabis laws in the next couple of years. A couple of 77-year-old men hold the power to keep such changes from happening. Two of the biggest obstacles for marijuana stocks are Republican Sen. Mitch McConnell of Kentucky and former Vice President and current Democratic presidential candidate Joe Biden.
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Source Fool.com
