Marijuana stocks burst on the scene over the last serval years and have become even more prominent and legitimate since Canada in October 2018 became the largest country to legalize recreational weed. Despite growing sales and wider legalization, many pot stocks have been insanely volatile as Wall Street and investors try to wrap their heads around the marijuana industry.
Illinois is the latest state to legalize marijuana for recreational use, though sales won’t start until January 1. Marijuana is now recreationally legal in eleven states and D.C. Meanwhile, while medical marijuana is legal in over 30 states and completely legal in Canada for both recreational and medicinal use. And this has all happened relatively quickly, since Colorado and Washington were the first states to approve recreational use in 2012.