4 Marijuana Penny Stocks Winning Under Democratic Leadership

With Joe Biden heading to the White House, some of the top winners could be marijuana penny stocks. For one, with Democrats in control of Congress, Piper Sandler analyst Michael Lavery says it “could help provide better access to capital, alleviate operating headwinds, and help drive industry growth.” Two, Biden selected Xavier Becerra to serve as Health and Human Services secretary. He reportedly supports cannabis legalization. In addition, Biden’s pick for Commerce secretary, Rhode Island Gov. Gina Raimondo, supports legalization and selling it in government-run stores. The Top 7 Marijuana Stocks to Buy for January While cannabis legalization may not be a slam-dunk on that, that hasn’t stopped investors from sending related marijuana penny stocks to higher highs, including: CV Sciences (OTC:CVSI) Harvest Health & Recreation (OTC:HRVSF) MariMed (OTC:MRMD) Aleafia Health (OTC:ALEAF)

Author: CSN