Well, we know who the clear winner in the midterm elections was – the marijuana industry.
Marijuana stocks jumped up on Wednesday fueled by two big factors.
First, there’s more potential business – the state of Michigan legalized recreational pot on Tuesday, while Missouri and Utah approved medical marijuana.
Second, the notoriously anti-marijuana Jeff Sessions resigned as U.S. Attorney General, leading to hope that the federal government will back off and let the states handle things on their own.
Source: https://www.cbsnews.com/news/marijuana-stocks-up-after-jeff-sessions-resigns/