Both strides and setbacks have punctuated the quest for federal legalization of cannabis in the U.S. So far, 38 states have legalized marijuana for medical use. The recreational use of marijuana is legal in 19 states plus the District of Columbia and Guam, and the U.S. House of Representatives in April passed legislation to legalize marijuana at the federal level for the second time in less than two years. But the Senate has yet to field a majority for either of these efforts, despite two-thirds of Americans claiming they now support legalization.
For investors, all the legal back-and-forth regarding cannabis makes for murky profit opportunities. Unsure of how the marijuana market will evolve or even where the market stands right now, many investors are simply sitting on the sidelines.
The post How to Invest in Marijuana originally appeared at U.S. News & World Report.