The legalization of cannabis is gaining momentum in the United States. Americans are increasingly supporting legal cannabis, and legislatures have taken up the issue more often in recent years. Presently, adults can buy and possess marijuana for recreational purposes in 22 states and Washington, D.C., while cannabis is legal for medical use in 37 states and Washington, D.C.
Despite the growing momentum in legalization, it seems wise to steer clear of struggling cannabis stocks Curaleaf Holdings, Inc. (CURLF), Tilray Brands, Inc. (TLRY), and Verano Holdings Corp. (VRNOF) that exhibit weak fundamentals. Let’s understand in detail.
