Jushi Stock: Pot Stock With 87% Upside Reports Strong Q2

The broader stock market continues to take a beating, and marijuana stocks are no exception. However, in addition to surging inflation, rising interest rates, and a looming recession, marijuana companies in the U.S. operate in an industry that’s still illegal at the federal level.

The indecision in Washington over pot legalization has been weighing down U.S. cannabis stocks. While the Cannabis Administration and Opportunity Act was presented to the legislature in late July, chances aren’t great it will get passed as it currently stands.

As such, a number of excellent, profitable pot companies have been unjustly punished in the stock market. One of the best is Jushi Holdings Inc (CNSX:JUSH, OTCMKTS:JUSHF).

JUSHF Stock Is Down but Looks Set to Bounce

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Category: Marijuana Stocks, Penny Stocks