[Cannabis] Seems Like Americans Are Not Quite Ready To Invest In Marijuana Stocks

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By The Fresh Toast's Rudy Sanchez, provided exclusively to Benzinga Cannabis.

Forty-three percent of investors have the impression that the marijuana industry is growing at a rapid pace and 34% believe there’s a lot of uncertainty in the cannabis stock market and the industry as a whole.

Opposition to cannabis legalization has been on a decline for years, with a majority of Americans in favor of some form of legal marijuana, recreational and/or medicinal. Surveys such as Pew’s are often used as a barometer for the subject of legalization, but the sentiment surrounding cannabis’s status can be measured through a different lens —  investor confidence.

A recent survey by personal financial news site GOBankingRates.com found that 1-in-10 people have already invested in marijuana companies and another 40% would consider it in the future. About a third of respondents said they would consider …

Full story available on Benzinga.com

Source Benzinga

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