What Would a Biden Win Mean for Canadian Cannabis?
What would decriminalization in the U.S. do to established marijuana producers across the border? We ask Kristoffer Inton about opportunities available today.
Ruth Saldanha: While all eyes are on the upcoming U.S. presidential election, Canadians wonder what either candidate means for our marijuana business, which has been legal here since 2018. The Democratic party presidential candidate, Joe Biden, has proposed decriminalization of marijuana, while any potential changes remain more uncertain under current President Donald Trump. So, what is the future for cannabis stocks in Canada, which are currently the most undervalued in our universe? Morningstar equity analyst Kristoffer Inton is here today to share his point of view.
Chris, thank you so much for being here today.
Kristoffer Inton does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.