Kansas, Utah voters support marijuana legalization, Marijuana Moment says
Written by Emily J. Thompson, Senior Investment Analyst
Voter Support for Legalization: Recent polling in conservative states Kansas and Utah shows majority support for adult-use marijuana legalization, coinciding with the upcoming U.S. Presidential election.
Political Backing for Reform: Both Trump and Harris camps are reportedly supporting an end to cannabis prohibition, marking a significant shift in U.S. political stance on marijuana reform.
Analyst Views on MJ
Wall Street analysts forecast MJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
