Categories: aggregated

Why All Businesses in States with Legal Marijuana Programs are More Profitable

But better productivity and a bigger bottom-line isn’t all there is: stock prices get a big boost too. The study also found that the stock value of firms in medical-friendly states jumped by 4.56%, while an “equal-weighted portfolio” of similar stocks in states that don’t have cannabis laws saw a drop of around 2% each year. What’s more, stock returns saw a 4.44% increase annually for companies with legal cannabis laws.

Jason

Share
Published by
Jason

Recent Posts

Is There Any Green Left in the Green Rush? – The 5 Highest Paying Jobs in the Cannabis Industry Right Now

The cannabis industry presents an array of high-paying job opportunities across various sectors—from finance and…

21 hours ago

Not Just Alcohol Sales Dropping, Anxiety Medication Prescriptions Plummet in States with Legal Cannabis Programs

Recent studies have indicated a notable decrease in prescriptions for anti-anxiety medications, especially benzodiazepines, in…

2 days ago

New Year’s finds to fuel your best year yet

We’ve assembled a list of fantastic brands and products from around the cannabis universe to…

3 days ago

An Important Lesson from the 2024 Elections – Politicians Love Pot Pandering and More!

If there's one thing I've learned from years of covering cannabis politics, it's that weed…

4 days ago

Why Does Cannabis Make Exercise So Much More Rewarding?

As we wrap up our deep dive into cannabis and exercise, I can't help but…

6 days ago