RE:Growth Oriented Cannabis Companies Are Your Best Bet; Don't 18 of the states are fully legal now, including NY and Cali. Both states have a lot of big money business people who want to see Cannabis legalized... money talks.
The majority of US citizens are ok with Cannabis being legalized, that is a lot of voters to keep happy... politicans, the spinless creatures they are... tend to try and keep voters happy.. they will back whatever the voters want.. be it climate change or Cannabis reform.. that's reality
The IRS in the US is pushing for the SAFE banking act to pass due to missed tax revenue through a lack of revenue reporting, sorry, but the IRS will have more say over federal policy than the author of your article.
More and more Cannabis operations are opening every month. In Canada there are plans for an additional 1000 stores in Ontario by the end of sept. That's 1000 votes (or more) that there is money to be made in selling Cannabis.
Tilray and Aphria merged... they would have shut the doors and walked away if they did not believe there was a reason to stay in operation.. reason being??? .... Money to be made in the Cannabis industry.
The author of your article can have whichever view of the sector and legalization he like. IMHO... there's money to be made in Cannabis investing and pressure on the US Fed is doing nothing but mounting towards legalization.
If I was to bet on top three they would be Tilray, Canopy and HEXO, best product mixes, largest distribution networks and are not burning money like Aurora.
I would suggest doing some research, having some patience and a strong tolerance for price swings if you care to trade in the Cannabis Sector
GLTA
Q