In the past few years, we’ve seen the influence of marijuana legislation on penny stocks continue to climb. And with a potential floor vote for federal cannabis legalization occurring in the next few days, many penny stocks investors are excited.
This comes in a recent report that stated Congress has a scheduled vote to potentially legalize marijuana. And while nothing is set in stone, this is certainly an exciting prospect. As a result of this, we saw the price of many cannabis stocks shoot up as trading ended on Thursday, March 24th. Now, this is a big event for investors as cannabis stocks have taken a backseat to more pressing geopolitical and economic factors.
And while next week may not be the be all end all choice for this, it definitely will have an impact. So, with that in mind, let’s take a look at three marijuana penny stocks to watch right now.
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