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Maya Torres
Maya Torres
National Editor
Cannabis Stocks Are Going Nowhere Fast β€” Even as the Underground Market Counts Billions
National  Β·  Lead Story

Cannabis Stocks Are Going Nowhere Fast β€” Even as the Underground Market Counts Billions

Cannabis equity markets remain stuck in neutral heading into the second quarter of 2026, with major MSO stocks failing to gain traction despite evidence that consumer demand for the plant remains enormous β€” even in states where it’s still illegal. A new economic study out of Indiana illustrates the paradox starkly: Hoosiers are spending nearly $2 billion per year on cannabis anyway.

Jordan Pike Jordan Pike · · 5 min read
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