The Marijuana Stock to Buy Before New Jersey Cannabis Legalization in November
September 17, 2020 at 11:24 AM EDT
Sometimes it takes a few baby steps to get things moving, which is what we have with cannabis legalization in New Jersey. But that's okay, because I'm incredibly excited for the full leap the Garden State can take in November to vote for full legalization. That will open up a whole new group of buyers and mean dispensaries can sell more products, generate more sales, and stock prices can climb higher. A report from analysis and advocacy firm, New Jersey Policy Perspective, projects that 343,000 New Jersey residents could spend $1 billion on cannabis each year. So ahead of this exciting development, I wanted to provide a quick overview of current cannabis laws in New Jersey, what's happening in November, and some of the companies already operating in the Garden State. The post The Marijuana Stock to Buy Before New Jersey Cannabis Legalization in November appeared first on Money Morning - We Make Investing Profitable . Read more... Tags: pot stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.