Marijuana Index Gains Continue As Pot Stocks Anticipate Prohibition Repeal

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Marijuana Index Gains Continue As Pot Stocks Anticipate Prohibition Repeal

Deposit Photos / leungchopan

It was another big day of gains on Tuesday for the North American Marijuana Index, even as some investors anxiously wait for the Fed to announce an interest rate hike in the next 24 hours. Investors remain upbeat despite the widely expected bump in the benchmark rate, which analysts predict will be somewhere between 1.25 and 1.50 percent. In fact, confidence seems to grow as the new year approaches, with 2018 poised to be a big year for marijuana legalization.

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