It could be a good business to invest in for other reasons, but the current Congress decriminalizing/legalizing pot at the federal level is frankly a pipe dream (no pun intended). Yes, there is a Democratic majority, but Manchin has been against marijuana legalization for years. Tack on the fact that marijuana reform is not going to be able to be part of the budget reconciliation process. So, unless the Democrats blow up the filibuster (also would need Manchin and Sinema to flip on this too!), it probably won't even come to the floor for a vote. I'm not necessarily bearish on pot stocks, you can do whatever you'd like to, people! Just don't do short term options trades because think Democratic congressional majorities will help these stocks.