New York's Recreational Marijuana Legalization: What Investors Need to Know

A massive U.S. marijuana domino fell in late March when New York Gov. Andrew Cuomo signed recreational marijuana legalization into law in his state. Investors in Curaleaf Holdings (OTC: CURLF)Green Thumb Industries (OTC: GTBIF), and Columbia Care (OTC: CCHWF) -- each of which already has a coveted license to operate medical dispensaries in the state -- rejoiced.

That leads to the million-dollar question: When can cannabis stock investors expect businesses to start making money from the legalization of recreational pot? Longtime Fool contributor Eric Volkman counsels patience in a talk with healthcare and cannabis bureau chief Corinne Cardina in this segment from Motley Fool Live. This clip was recorded on May 21.

Continue reading


Source Fool.com