Insights

Texas Republicans Back MJ Legalization

A new poll from the University of Houston and Texas Southern University found a majority of Texas Republicans are in support of legalizing marijuana. 67% of Texas residents support broad reform of cannabis laws. Younger people in general largely support cannabis decriminalization, but surprisingly 50 percent of Baby Boomers and the Silent Generation who were most exposed to the “Reefer Madness” propaganda  would back marijuana legalization. If this is the reality of a deep red state like Texas, it is only a matter of time before The United States decriminalizes cannabis on the federal level. Do you have MJ stocks as a part of your portfolio?

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