While I analyze the entire legal marijuana industry—both U.S. and Canadian pot stocks—there’s a fundamental difference between the two. The simple fact is that what’s good for U.S.-based pot stocks may actually be bad for Canadian weed stocks, and vice versa. As a marijuana stock investor, it’s important to understand what those opposing forces are and how you can profit.
The most important future event for the global marijuana industry is the inevitable federal U.S. marijuana legalization.
And for the first time in modern history, it’s safe to say that American marijuana legalization is on the way. We’ve seen popular support surge (over two-thirds of Americans support legalization in some form), and that popular support is finally being reflected in the political sphere.
We’ve been seeing members of both major U.S. political parties express support for federal legalization. We’re not quite at critical mass yet, but we’re quickly approaching that point.
The only thing that remains to be determined is the exact date of legalization. And that date matters.
As it stands, U.S. federal law prohibits Canadian pot companies from entering the U.S. market. There are a few reasons for that, but the main one is that the borders are federally administered and, as far as the feds are concerned, marijuana remains illegal. [Read more at Profit Confidential]
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