Cannabis beverage stocks are gathering steam as the marijuana legalization debate moves forward. A landmark piece of legislation to federally legalize marijuana will be put forward to a vote in front of the House Judiciary Committee.
This past week, the House passed a $768 billion defense spending bill which includes an amendment protecting banks offering services to state-legal cannabis businesses from the ire of federal prosecution.
With Democrats now in control of all three branches of government, cannabis reform is more likely to go through, leading to a spectacular increase in the stock prices of top cannabis stocks.