Cannabis stocks surge again after Michigan votes to legalize recreational pot

Cannabis stocks surge again after Michigan votes to legalize recreational pot
Cannabis stocks surge again after Michigan votes to legalize recreational pot – RICH TV LIVE – November 7, 2018 – Shares of cannabis companies traded broadly higher Wednesday, as U.S. midterm elections helped usher in a green wave, with Michigan voting to legalize recreational pot and other states supporting medical marijuana.

The ETFMG Alternative Harvest exchange-traded fund MJ, +1.28% jumped 1.1%, with 31 of 37 components trading higher, putting it on track for a seventh straight gain. The sector tracker has now run up 18% during its win streak.

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Cannabis stocks surge again after Michigan votes to legalize recreational pot