DISTRICT OF COLUMBIA: As public sentiment continues to shift in favor of marijuana legalization and more states legalize medical (and in some cases even recreational) marijuana, more people than ever are wondering whether now is the time to invest in marijuana. This interest persists despite the fact that the federal government bans both recreational and medical marijuana use and could shut down states’ marijuana operations at any time.
With the federal ban in place, it’s not easy to invest in marijuana in the public markets. There are no ETFs or anything of the sort, so the only option for public market investors is individual marijuana-related stocks. We asked our Motley Fool contributors whether it’s finally time to invest in marijuana. Here’s what they had to say.