Are Marijuana Stocks a Good Long Term Investment ?

The marijuana stock market has become one of the most prominent industries of the modern-day. In only a short period of time, cannabis stockshave shot up in value. This is mostly due to the massive investor faith that exists. With the short burst of bearish sentiment hitting the market around a week ago, some have stated that holding may be a better strategy to use. This strategy allows investors to put money into the future of the market as opposed to the volatility of the present.

Currently, marijuana is still illegal on a federal level. This means that it is difficult for companies to operate at high levels within the U.S. With legislation moving toward the future, it seems as though the next five to ten years could be extremely instrumental in surmounting new growth. American investors have shown that they would like to invest in the world of cannabis stocks. With so much up in the air, it can be difficult to pick the right company for the present day. This is where the holding strategy comes in.

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