Last year was terrible for cannabis stocks. That was despite President Joe Biden saying he would pardon all federal offenses of criminal marijuana possession and ask the Department of Health and Human Services and Attorney General Merrick Garland to “expeditiously” review how cannabis is scheduled under federal law.
With federal U.S. marijuana legalization an eventual given, it might be time for investors to look at pot stocks that are poised for long-term gains. One cannabis stock with high potential is Tilray Inc (NASDAQ:TLRY), also known as Tilray Brands, Inc.
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