A bear market in stocks could be good news for legal marijuana


The wave of global marijuana legalization in 2018 could have something to do with last year’s highly volatile stock market, says Chuck Thompson, a socionomics analyst. When people derive a negative mood from market sell-offs, they begin to view recreational drugs as less dangerous, even innocuous, and vice versa, Thompson said. Many moments in history show a correlation between the fate of the US’s cannabis industry and the performance of Wall Street.

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