Next Green Wave (fka NXGWF)

[Bridget21]

A Biden boom?

It's important to remember that any U.S. president is relatively limited in what he or she can change alone. Efforts by a potential Biden administration could be hampered by GOP control of the U.S. House of Representatives or the Senate. Let's assume, though, that Democrats gain control of the White House and both legislative chambers in November.

Would marijuana stocks soar in this scenario? Almost certainly. I suspect that we'll see the biggest gains for U.S.-based cannabis operators. Green Thumb Industries (OTC:GTBIF), for example, ranks as one of the largest multi-state cannabis operators. The Illinois-based company has achieved tremendous success, but its valuation isn't as high as it likely would be if federal marijuana laws were changed.

https://www.fool.com/investing/2020/09/27/will-marijuana-stocks-soar-if-biden-wins-and-sink/