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

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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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