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Can Marijuana Stocks Succeed Without Federal Legalization?

Submitted by Marijuana News on Mon, 04/25/2016 - 08:58

Investors have quite the dilemma on their hands. In one corner, marijuana is one of the fastest-growing industries in the United States. ArcView Market Research estimates legal sales can grow at a compound annual rate of 30% between 2016 and 2020. In the other corner, we have an idle group of lawmakers in Washington, D.C., who are stymieing the industry's efforts to expand and profit. 

So which side will win out? For that answer, we asked two of our regular contributors on the legal marijuana debate for their opinion on whether marijuana stocks could succeed without the support of the federal government. Here's what they had to say. 

Sean Williams
Marijuana has been expanding at an incredible pace at the state level, but President Obama and Congress have made it pretty clear that the federal government has little intention of addressing marijuana in 2016 (and perhaps even beyond...

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Fool
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