Why CBD Stocks Could Soon Skyrocket
You might have thought that 2019 would be a great year for cannabidiol (CBD) stocks. I certainly did. After all, hemp-derived CBD was legalized in the U.S. in December 2018, when the 2018 Farm Bill passed both houses of Congress and was signed into law by the president.
But an ominous consumer warning by the Food and Drug Administration (FDA) in November caused marijuana stocks, especially those with CBD business in the U.S., to collapse. Now, though, there's a good reason to think that CBD stocks could soon skyrocket and not look back. Here's why.
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Source Fool.com
