A year after President Donald Trump signed the Rohrabacher-Farr amendment into law, cannabis stocks continue to be highly volatile.
While the industry has yet to see a significant spike in volume, some investors are taking their newfound access to the industry and their ability to access the cash that comes with it seriously.
Investors are making a concerted effort to diversify their portfolios to include cannabis companies, which are currently facing some of the most volatile and complex regulatory and tax environments.
The industry is also experiencing significant regulatory hurdles, particularly the implementation of new state laws.
While marijuana is still illegal under federal law, many states have begun to legalize it for medical and recreational use.
As of December 1, the federal government is expected to issue guidance to businesses on how to comply with state-specific marijuana laws.
This guidance will affect the cannabis industry as well as those looking to enter it.
Investing in marijuana stocks can help diversify your portfolio and help you better understand the market.
It’s also a good time to get in on the ground floor of the cannabis business.