This Struggling Marijuana Stock Finally Launched Its Highly Anticipated Drug
If you look around, chances are you won't find many marijuana stocks struggling. In fact, over the trailing one-year period, 12 out of 13 pot stocks with a market cap above $200 million had risen, with a majority up by at least 100%!
A pretty steady change in market dynamics has caused this so-called "budding" of marijuana stocks. From the perspective of perception, more consumers than ever have either a positive view of the drug or want to see it legalized nationally. This all-time high in terms of favorability gives investors hope that Congress will indeed listen to the will of the people and alter its current scheduling at the federal level.
Source: Fool.com