The 4 Best Marijuana Stocks in the First Quarter
The first quarter has come to a close -- and oh, what a quarter it was for cannabis.
After Joe Biden's victory for the presidency in November, hopes were raised that cannabis reform might be on the docket in the United States. But it was the surprising victory for Democrats in early January -- which allowed them to retake the U.S. Senate -- that really got investors fired up about the prospect of reform. Even though we've yet to see anything change with regard to marijuana's scheduling at the federal level, the prospects for legalization are better than they've ever been.
During the first quarter, the marijuana-focused ETFMG Alternative Harvest ETF rocketed higher by nearly 60%, with investors flocking to the cannabis stocks like it was 2018 all over again.
Source Fool.com
