Gun and Cannabis Stocks on the Rise Prior to Election

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Summary

Additionally, cannabis stocks have been on the rise, although not quite to the degree that gun stocks have been. As the election nears, sales and stocks of both cannabis and firearms and soaring. Cannabis sales are then expected to rise even more, up to 40 percent more, in 2020. Many believe this is because of the growing social unrest in the U.S., as well as the possibility of a Democratic election sweep that could legalize cannabis and enact stricter gun control. But, as election day approaches, we can hope that all the joints purchased see a lot of use, and the guns purchased do not.

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It’s no secret that cannabis has been doing well during COVID while other industries are struggling, but now, there’s a new reason why the industry is thriving. As the election nears, sales and stocks of both cannabis and firearms and soaring

Many believe this is because of the growing social unrest in the U.S., as well as the possibility of a Democratic election sweep that could legalize cannabis and enact stricter gun control. As a result, people are jumping to stock up on guns...

Read the full article @ High Times