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Stocks that may Soar Following Recreational Pot Legalization

Since Jan. 1 when California legalized recreational weed use, companies in the weed industry added approximately $2 billion in value. This was a result of the fact that several other states are in the process of legalizing and Californian cannabis dispensaries have experienced a surge in the demand of weed. Also, it results from Canada’s plans to legalize pot by July this year. It will become the second country just after Uruguay to legalize the substance. As much as California and other US states have legalized marijuana, it is still considered a Schedule 1 substance under federal law alongside cocaine, heroin, and other drugs. We have listed a few companies that we feel have unique business models and technology for sustained success within the weed space. Vitality Biopharma, Incorporated (OTC) The company has developed a new category of cannabinoid drugs, known as cannabosides, which patients take so their gastrointestinal tract can …

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