These pot stocks are poised to win big under Biden 1

These pot stocks are poised to win big under Biden

 

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:

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64 comments

    1. @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

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

    3. @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.

    4. @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.

    1. Yeah but most Canadians aren’t pot heads either. I did it 6 times in 2019 and 3 in 2020. Its big in the tourist area in Niagara falls but honestly most people I know can take or leave it. America will go bananas on it and take everything to the extreme and bugger it up somehow

    1. Biden is too big of a coward. I even voted for him but will admit this. Obama arrested tens of millions of us for weed too.

  1. “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.

    1. 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

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

    2. @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

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

    1. @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

    2. @7X HARDER no the guy who said to use “Marinol” because people wanting thc are just chasing the high

    3. @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

    4. @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

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

    1. Marijuana is not Legal Federally!! Only certain states, that doesn’t mean it is the law of the land…
      Doh!!!

  4. 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.

    1. Elmo and I are with you…
      stop by and blaze one with us sometime
      ..I have not made any new videos for this channel in a loooong time but if you are blazing the ones I have should get you laughing.

    2. @Vin G Weed does not make us Crazy in the USA.
      Just some stupid tourist that will not get out of our way when we need some nachos and a slushy…
      That makes us freaking crazy….

    1. One is “in and out” while the other is “close quarters for an hour”.. Yeah, I can see the similarity.. /s

    1. I dont wanna be tracked….thanks. Just in case, why SHOW what we buy to anyone????
      Your insane and the taxman wanted 1.5 million for trading 6.4k in Bitcoin to dust in 2018.
      Buy Bitcoin…you’ll need lawyers later is what your trying to say.

  5. 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.

    1. 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.

    2. @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.

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