Terra Tech Corp (OTCMKTS: TRTC) | Cannabix Technologies Inc (OTCMKTS: BLOZF) | American Cannabis Company Inc (OTCMKTS: AMMJ) | Abattis Bioceuticals Corp (OTCMKTS: ATTBF) | General Cannabis Corp (OTCMKTS: CANN)
While investors seem to be heavily focused on what’s going on in the election season this year, don’t get twisted in the main ballot. In fact, there’s something in smaller ballots in states around the US that’s causing quite a bit of opportunity on the taboo side of the market. This is causing stocks like TRTC, BLOZF, AMMJ, ATTBF, and CANN to all gain more than 10% in today’s session. Below, we’ll talk about what’s going on.
Marijuana Is Flying High!
Whether or not they’re smoking the pot, investors are getting high off of it today! OK, I’m done with the puns. The truth is that there are several states in the United States that have the legalization of marijuana in one form or another on the ballot. Of course, if marijuana is legalized in more states, these pot stocks have more of a canvas to attack when it comes to building revenue. Ultimately, this could be a massive opportunity.
What We’re Seeing From Pot Stocks Today
As mentioned above, pot stocks across the board are having a great day, as investors focus on legalization. Currently (1:19), the stocks mentioned above are performing as follows:
- Terra Tech Corp (OTCMKTS: TRTC) – $0.50 per share, up $0.05 per share, or 11.80%.
- Cannabix Technologies Inc (OTCMKTS: BLOZF) – $0.44 per share, up $0.03, or 8.48%.
- American Cannabis Company Inc (OTCMKTS: AMMJ) – $1.81 per share, up $0.30, or 19.87%.
Abattis Bioceuticals Corp (OTCMKTS: ATTBF) – $0.13 per share, up $0.02, or 16.07%.
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[Image Courtesy of Wikimedia]