Should you buy, sell, or hold cannabis stocks now?

This article originally appeared on Cannabis.net and was republished with permission.

So many questions are asked about the cannabis industry and its stocks, as well as the fate of those stocks if the government doesn’t approve of any form of decriminalization policy in the New Year.

Regardless of what anyone thinks, the lack of federal reforms weighs heavily on the cannabis industry across the country. In the absence of better policy, largely due to the lack of better policy, cannabis stocks are still not worth what they should be. That year stocks skyrocketed as various states introduced their unique reforms. However, this does not excuse the need for a major overhaul that affects the country.

Photo by Darren415 / Getty Images

Cannabis reform and trade

No significant cannabis reform was passed at the federal level that year. There have only been rumors of national measures and initiatives that are about to be adopted, but no law has been signed.

Shareholders and traders said there have been better trading options at some point this year. That improvement came around the time news surfaced that the government was taking concrete steps to ensure the reforms were approved in a short time.

While the values ​​of many cannabis stocks rose as a result of this update, most companies were unable to hold their upward positions. This created a wave of unpredictable trading conditions that did more harm than good to investor confidence.

The need for cannabis reform in 2022

Many investors are pondering what the future holds for cannabis reforms in 2022. The chances of federal reform not being passed again are pretty high, and the industry needs something concrete to put an end to the uncontrollable, volatile spikes in cannabis stocks and their trading options.

As of this writing, none of the cannabis stocks has had as good returns as they had a few days before and through 2021.

Many investors believe the absence of federal reforms will prevent better trading in marijuana stocks for the next year. They also believe that this will affect the overall volume of trade in the cannabis industry. Last year has been a roller coaster ride for traders in the industry, and the majority of those traders and shareholders will prefer that the events of the past twelve months not repeat themselves.

RELATED: Here’s what the cannabis industry is most optimistic about as we head into 2022

This is not a good sign for the industry as it could discourage new investors from venturing into the sector. Of course, many are trying to watch and see if a new catalyst with the ability to rebound in stocks is announced before the year ends.

The truth is, the only way to keep the cannabis stock market going is to get federal reform approved immediately. As it stands, some investors are patiently betting on this idea.

Senator Chuck Schumer continues to advocate federal reform

Senator Chuck Schumer is one of the most outspoken advocates of cannabis in the Senate this year. He has put at least two measures before the Senate to seal the decriminalization of cannabis in some forms. Most of these bills, however, have failed. He announced that he was still working on a broader bill that could make significant changes in the state cannabis industry.

In order for 2022 not to be another disappointment for cannabis investors and shareholders, lawmakers need to band together and get the support they need to ensure not only that marijuana stays in the spotlight, but also to ensure that legislative changes come into effect.

Photo by Sarah Silbiger / Getty Images

Schumer is committed to various reform efforts and is determined to introduce laws that focus not only on banking reforms for the industry, but also on the bigger picture. In a recent interview, he said that a large percentage of countries and their lawmakers have discovered that all myths about cannabis are just that – myths. The drug has more medicinal and economic benefits to Americans. It is neither too late nor too early to invest.

RELATED: Congressional Memo Praises the momentum of cannabis and highlights reform priorities in 2022

The Pew Research Center said in a survey report that 91% of adults in the United States support the state legalization or decriminalization of cannabis for medicinal or recreational purposes. The likelihood that this will happen in the Biden administration is still shaky. Many operators in the industry consider it unlikely that such a comprehensive bill as Schumer’s will be passed in the coming months.

However, any form of reform would be sufficient as investors need security. While this is happening, it wouldn’t hurt to check out some of the best cannabis stocks you could invest in right now.

What are some of the FANG stocks of weed?

Curaleaf Holdings, Inc. (OTC: CURLF)

This company acts as the medical and wellness cannabis center in the United States. There are two branches of operation: cannabis operations and non-cannabis operations. The company recently opened four new pharmacies in Florida and plans to open more in the coming months. The company also announced that it will add more innovative products to its portfolio.

Planet 13 Holdings Inc. (OTC: PLNHF)

This cannabis company tries its hand at all operations associated with cannabis production and processing. It cultivates, manufactures, and develops cannabis-derived products for the medical and recreational retail market in Nevada. The company also distributes and markets these products, while also operating some of the premier cannabis dispensaries in California. The company has a lot to offer as a leader in the forefront of Nevada’s cannabis industry.

Green thumb industries

This company manufactures and sells many cannabis products for medical and recreational use in the United States. Last week the company announced the opening of a new facility in Chelsea, Massachusetts. That brings the number of GreenThumb cannabis stores to 68. The company also announced that the store will be renamed in the New Year.

Bottom line

Cannabis will stay, but only federal reforms can ensure the industry reaches the levels it should. National reforms will provide the trading momentum that will last long enough for investors and shareholders to realize significant ROIs. The cannabis sector lacks consistency. Any form of decriminalization of cannabis will remove a tremendous amount of doubt and uncertainty in the industry.

This article originally appeared on Cannabis.net and was republished with permission.