Cannabis stocks have taken a beating over the last 3 years, and the reasons are clear. These companies are financially bottlenecked due to restrictive legislation, prompting Wall Street to seek alpha in other sectors. However, it appears these charts may have found their bottoms. With the DEA currently reviewing cannabis scheduling, multiple bills awaiting votes in Congress this year, and the Biden administration in desperate need of campaign fuel, this sector could rapidly heat up. Take a look at some of the following tickers; MSOS, CGC, TLRY, and HITI.

by The Burning Pocket 

Jan. 4, 2024