These pot stocks are poised to win big under Biden

These pot stocks are poised to win big under Biden 1

 

The 2020 US election saw more states legalize cannabis. Dan Ahrens, Portfolio Manager at Advisorshares Pure Cannabis ETF, explains what that means for investors and warns that many are investing in the wrong companies.

This interview is from our show "Markets Now". Watch the live digital show every Wednesday 12:45 p.m. to 1 p.m. ET., and get the latest news on the most important investing stories of the day as they happen:

#CNN
#Business
#Cannabis

CNN Business brings you the latest news about the companies, personalities, and innovations that are driving business forward.

Interested in more of CNN Business? Subscribe to our channel:

CNN Business on social media
Facebook:
Twitter:
Instagram:

Thumbnail photo by David McNew/Getty Images

64 Comments on "These pot stocks are poised to win big under Biden"

  1. Wallstreet is a bunch of handrubbing culture vultures

    • @Elmosweed are concentrates 100% pure thc? There % based on thc level , I know other chemicals are involved naturally , but without any regulation or standard , the industry is set to become more of a hassle than a help, If the free market was able to take charge and anyone could grow plants and sell then it would be fine. It just under current projections were gonna have the Walmart’s, apple’s, and Amazons of the world running a medical substance (cannibus) , basically what I’m saying is without equal protection and safety standards put in place , the amount of business will be small and they can control the product and what comes out , and once they get monopolies they’ll start lobbying more for crazier chemicals, I want legal cannabis not just on a medical scale but I dont want 5 companies decide what I smoke for the next 40+ years

    • @John Bradley I’m familiar with the 60 minutes clip .Soros is a Globalist opportunist not a nationalist.

    • @Rom Emanuel Well Rom, he wants an undemocratic supranational socialist union across Europe and North America; he’s for abortion, infanticide and euthanasia…he’s basically Hitler without an army.

    • @John Bradley You are describing our Soviet allies.

    • @jarvis Lycome The main concentrates are trying to get as much of the THC trichomes as possible.
      I have never had any 100% pure THC concentrates but I am sure someone makes it someplace..
      Mine averages 87%-94%.
      Depends if I am looking for more CBD’s with it.
      You can also get concentrates for CBD’s as well that are 100% CBD.

      I see your point on the industry.
      we already see some of that with the Medical Marijauana in my State.

  2. Mexico and Canada have legalized marijuana. Come on USA

  3. Legalize it
    Don’t criticize it
    Legalize it, yeah yeah
    And I will advertise it

  4. Dirk von Ümlaut | December 2, 2020 at 3:15 PM | Reply

    “Cannabis stocks”
    Ugh…Listening to a bleary-eyed stoner talking about leveraging profit margins with Jerry Garcia blasting in the background is really gonna harsh my mellow.

    • ‘Harsh my mellow’
      Best Quote seen today 🧘🏼‍♀️

    • I smoke weed so that must make me a stoner.
      I hope you do not drink alcohol or that makes you a drunk
      I also hope you do not take pharmaceutical drugs because that makes you a strung out junky

  5. Montana legalized it but federal needs to step it up

    • However you can still get fired from work on a Monday for smoking a joint on a Friday.

    • @Elmosweed actually once its legalized as long as its not a federal job or heavy equipment operators otherwise its discrimination

    • @7X HARDER I know the feeling I was kicked out of the military for pot I wasn’t smoking on duty but it didn’t matter lol I just pointed out how I didn’t have to follow orders that are morally wrong when it was illegalized to attack black and Hispanic gangs

    • @KingUSMCO Correct. Once legalized Federally.

  6. Always optimistic at the beginning of the candidate’s victory, then not much happens

  7. Pot/weed is the ONLY thing that helps my headaches. 3 years of suffering in finally coming under a lil control

    • @USMC Anti-Terrorist whoa wtf? are you talking about me? I mean I legitimately run a shop where THC is not legal, and that brand is reputable not just in Texas, as it comes from Oregon

    • USMC Anti-Terrorist | December 2, 2020 at 8:40 PM | Reply

      @7X HARDER no the guy who said to use “Marinol” because people wanting thc are just chasing the high 😂

    • @USMC Anti-Terrorist WTF youtube moved the comments in this thread when I typed that LMAO, it showed your message like 3 below mine. Thought you meant me, sorry man my bad

    • USMC Anti-Terrorist | December 2, 2020 at 9:00 PM | Reply

      @7X HARDER oh no worries man! Just hate when people are completely oblivious to actual facts and legit only listen to medical advise from 20 years ago…we have come a LONG way with cannabis studies, I mean it’s chemically safer than table sugar or water. You will OD on those before you do on THC

    • @Bryan Mick thank you for your permission…

  8. it has been legal for 2 years and the end of the world has not arrived .. thousands more jobs, less profits for organized crime

  9. Nathaniel Anderson | December 2, 2020 at 3:36 PM | Reply

    Legalizing weed will be the best thing to happen in our country in over 100 years. Of course getting a Covid19 vaccine is good.
    But having the virus infect our country because of a president who didn’t care about having to control it kind of offsets getting the vaccine. We will be lucky if he is out of the White House before another virus starts to spread.
    Our enemies can plainly see that we are not prepared to handle such an attack.

  10. 50 years & still smoking.

  11. And again you MSM harlots have been left in the dark about the linked phone calls from CNN……so typical.🥴

  12. Hey, pot shops are an essential business in my city……but you still can’t go to church.

  13. Sir. Joshua Ra'Ne. Doebler | December 2, 2020 at 3:52 PM | Reply

    I think my girlfriend’s in the weed business? She’s a real go get’r that one!

  14. People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin

  15. After 25yrs of hiding my toking weed, it feels great for a couple of years in Canada to be completely legal in everything I do. I’m no criminal for wanting to get anxiety medicine from weed instead of a pill.

  16. I’ve been saying this for years. Legalize it on the federal level and the economy will boom.

    • No it won’t and prices will skyrocket. Many people won’t be able to afford it. You think drugdealers are greedy, just wait till the government taxes it to death. Decriminalize, don’t legalize, and prices will drop significantly. Especially if the dealer is only facing a fine instead of prison time.

    • @Arthur Morgan sorry that makes no sense…
      PS: people that sell marijuana are not drug dealers.

    • @Elmosweed Do you understand the concept of risk VS reward? If the person selling weed is only risking a fine instead of prison time, then there is less risk which means there is less reward, meaning that they will make less profit per sale. That means cheaper prices for customers.

  17. “Let them eat space-cake!”

  18. So “Smokey Joe” been tokin on the reefa man??? Explains everything. Come -on maaaan!!!

  19. Daulstage Butterfly | December 2, 2020 at 4:27 PM | Reply

    I’m hitting the joint watching News…gotta love it😎

  20. This guy is definitely stoned right now!!

Leave a comment

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.