There are very few "no brainers" in the stock market but this one certainly deserves the label. The government is printing/spending money at a record rate and with democrats running the show there should be minimal resistance to legalizing marijuana at the federal level. Plain and simple, the government needs the tax revenue and people have been crying for a change in policy. While this may not happen overnight, it is likely to happen sooner rather than later on a two year timeline.
The current price movement suggests room to run back to previous highs and eventually make new highs. Momentum and volume confirm entering a long position at the current price.
The current price movement suggests room to run back to previous highs and eventually make new highs. Momentum and volume confirm entering a long position at the current price.