Many marijuana investors recently have been falling victim to misleading headlines. This is on top of pump-and-dump schemes and valuations divorced from reality. My purpose in writing this column is to help investors prosper and keep them from falling victim to misleading headlines. I have been writing for a while
President Trump’s former attorney general, Jeff Sessions, was staunchly against marijuana. His forced resignation on Wednesday is good news for marijuana investors in the long run. And good news for marijuana keeps piling up. Please see “Marijuana’s biggest win is still ahead — but investors may lose money before then.”
The midterm elections were great for marijuana. Michigan, with 10 million residents, approved the recreational use of marijuana. Missouri and Utah approved its medical use. Longtime Texas Rep. Pete Sessions, who consistently blocked pro-marijuana votes, was defeated. Those are great wins, but the biggest prize is still ahead: federal legalization.