Marijuana stocks to look into

Biden took another small step toward US legalization by removing some federal Marijuana convictions. This is another step toward toward federal legalization of MJ. Which means that some MJ stocks are on step closer toward reaching a mass audience.

I have not invested into MJ stocks because they currently have a fragmented market that makes it difficult to scale their business in a big way. And honestly I do not use these products so it is difficult for me to differentiate which businesses have better products than others.

But now might be the right time to invest in some of these companies before legalization actually happens. These stocks will likely pop when legalization happens and revenue will grow once more states have legalized the drug.

Some of these businesses are also doing things beyond consumer MJ projects that could diversify their revenue.