Fund Manager: Schumer’s New US Cannabis Legalization Bill Has No Chance of Passing
This video was filmed on June 14, 2021.
On June 14, Senator Chuck Schumer introduced a new cannabis legalization bill that includes the adjustments needed for multi-state operators to trade on US exchanges.
“We’ve been waiting for this a long time,” Dan Ahrens of AdvisorShares Investments said about the bill. But the expert is not hopeful about the potential for this legislation to make it through as it stands. “Politicians have to be politicians,” he said.
Ahrens also discussed other key cannabis developments seen in H1.
0:00 – Intro
0:26 – Schumer’s US cannabis legalization bill
3:58 – Words of caution for cannabis investors
6:54 – Key cannabis trends so far in 2021
9:53 – Metrics for differentiating US stocks
14:05 – What to watch for as 2021 continues
15:42 – Outro
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