Cannabis Stocks Could See Higher Highs Heading into Election

Possible legalization could push stocks up Possible legalization could push stocks up                                                                                                      [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, Cannabis may be one of the most controversial topics on the market. But it could also prove to be among the most profitable. While U.S. states and countries around the world legalize its use, we’re still waiting on federal legalization. In fact, we may hear more about potential legalization heading into U.S. elections this year, especially when a growing number of Americans support it. According to a recent Pew Research poll, “An overwhelming share of U.S. adults (88%) say marijuana should be legal for medical or recreational use. Nearly six-in-ten Americans (57%) say that marijuana should be legal for medical and recreational purposes, while roughly a third (32%) say that marijuana should be legal for medical use only. Just 11% of Americans say that the drug should not be legal at all.” In addition, according to Vice President Kamala Harris, “We need to legalize marijuana.” As noted by Marijuana Moment: For the first time since joining the ticket as President Joe Biden’s running mate in 2020, Vice President Kamala Harris has called for the legalization of marijuana—signaling a possible shift in the administration’s platform heading into the November elections. Harris told a room of cannabis pardon recipients at the White House that “we need to legalize marijuana,” a participant in the meeting has revealed. --------------------------------------------------------------- [Gold Is Headed Above $3,000 per Ounce (Here's How to Play It)](With so many strange events happening across the economy (the longest bear market for bonds since the Civil War... unprecedented bank closures... and soaring prices), it's no wonder the richest investors are loading up on gold. But what you might not realize is there's a much better way to profit from rising gold prices – WITHOUT ever touching an ETF, mining stock, or even bullion. [Get the full details here.]( --------------------------------------------------------------- That being said, investors may want to position their portfolios for exposure to cannabis stocks with ETFs such as: Company: Global X Cannabis ETF (POTX) One way is to invest in the Global X Cannabis ETF (POTX). While its chart is nothing to write home about, give it time. Legalization could send it to new highs, eventually. With an expense ratio of 0.51%, the ETF invests in companies involved in the legal production, growth and distribution of cannabis and industrial hemp, as well as those involved in providing financial services to the cannabis industry, pharmaceutical applications of cannabis. Some of its top holdings include Tilray, Innovative Industries, Canopy Growth, AFC Gamma, Cronos Group, and Aurora Cannabis to name a few. --------------------------------------------------------------- [Your Exclusive Look at 2024’s Top 4 AI Stocks]( The AI sector is booming, set to reach $407 billion by 2027. But how do you separate the winners from the losers? Our report reveals 4 top AI companies poised for massive growth. Don't miss out on this opportunity to stay ahead of the curve. [Click Here for your Free Report!]( (By clicking this link you agree to receive emails from us and our affiliates. You can opt out at any time.) --------------------------------------------------------------- Company: Advisor Shares Pure US Cannabis ETF (MSOS) There’s also the Advisor Shares Pure US Cannabis ETF (MSOS). With an expense ratio of 0.60%, the ETF was the first actively managed U.S.-listed ETF with dedicated cannabis exposure focusing exclusively on U.S. companies, including multi-state operators, as noted by Advisor Shares. Some of its top holdings include Green Thumb Industries, Curaleaf, Cresco Labs, and Trulieve to name a few. --------------------------------------------------------------- [Biggest Investors in the World LOADING UP on This AI Stock]( [oxford 18]( It's a small cap that trades for less than $10... Yet the biggest investors in the world own millions of shares. Why? Because their AI just did something no company has ever done before. [Details here.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Are you invested in cannabis stocks? Why or why not? Are there any you have your eye on that we might have missed? 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