The majority of Americans want recreational cannabis to be federally legal, but politicians in Washington have been dragging their feet on the issue. That apathy has been sending marijuana stocks considerably lower. Macroeconomic headwinds haven’t been helping, either.
One pot stock that hasn’t escaped the sell-off but which has excellent long-term potential is AYR Wellness Inc (CNSX:AYR.A, OTCMKTS:AYRWF).
This post originally appeared at Profit Confidential.