What A Biden Presidency Would Mean For Cannabis Stocks

Democratic challenger Joe Biden is ahead of incumbent Donald Trump by 10%, according to a new general election poll from Rasmussen Reports.While a potential Biden presidency could pose some challenges for investors, Cantor Fitzgerald analyst Pablo Zuanic said the Democratic platform is good news for U.S. cannabis stock investors.Full Federal LegalizationThe Biden campaign released a 100-page document outlining the Democratic Party platform this week, and Zuanic says there are multiple bullish takeaways for U.S. multi-state operators, or MSOs: 1. Democrats support full federal legalization of medical marijuana. 2. Democrats support individual states’ decisions regarding the legality of recreational …read more

Source:: Yahoo Finance

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