Posted on Feb 11, 2021
Is it against policy to own stock in cannabis companies?
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I know that in 2019, the DoD had no official policy against this. Is this still the case?
Posted 4 y ago
Responses: 4
I think about it all the time (investing in such stocks), but as it becomes more and more mainstream I think those companies will get crushed by industrial agriculture companies. Tobacco will probably also diversify into the crop and they have experience in already growing in a highly regulated commodity.
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I am 99% sure you can own cannabis stocks. If it is publicly traded in one of the stock exchanges then it is a legal and legitimate stock.
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MSG (Join to see)
Thank you. Just wanted clarification as there are some SMs I know that have stock in some.
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