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The northeast region of the United States is on the verge of a cannabis revolution. The shot across the bow happened on November 3, when New Jersey voted to legalize recreational cannabis.

 

This groundbreaking victory triggered a quick response from New York.

 

New York Governor Andrew Cuomo just said he wants to follow New Jersey and legalize cannabis as soon as possible to make up for COVID-related tax losses. The early word is that New York intends to legalize by April, setting the stage for sales to begin in 2022 or even sooner. New Jersey and New York will likely grow into the two largest cannabis markets in the Northeast. However, they will not be alone.

 

These highly-populated states will be joined by surrounding states that have either legalized or soon plan to.

 

See my favorite stock for 2021

 

Sincerely,

 

Michael Vodicka

Editor, Cannabis Stock Trades

About Michael Vodicka

 

Michael Vodicka is an equity analyst with more than 20 years of experience in trading and investing. His research has been featured in some of the industry's most respected publications.

 

He has been investing and leading investors in the cannabis sector since 2013. Now, Mr. Vodicka brings his expertise and guidance to the members of CST.

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This site is for informational and educational purposes only. The trading ideas and stock selections represented on the Cannabis Stock Trades website are not tailored to your individual investment needs. Readers and members are advised to consult with their financial advisor before entering into any trade. Cannabis stocks carry a certain level of risk, and we accept no responsibility for any potential losses.
 
All trades, patterns, charts, systems, etc. discussed are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher.