Does acorn invest in weed stocks

## Does Acorn Invest in Weed Stocks?

Acorn is a popular investing app that allows users to invest in a variety of stocks, bonds, and ETFs. However, acorn does not currently invest in weed stocks. This is because weed is still illegal at the federal level in the United States, and acorn is not allowed to invest in companies that are involved in illegal activities.

### Why Doesn’t Acorn Invest in Weed Stocks?

There are a few reasons why acorn does not invest in weed stocks. First, weed is still illegal at the federal level in the United States. This means that companies that are involved in the weed industry are at risk of being shut down by the government. Second, weed stocks are still relatively new and volatile. This means that they are not a safe investment for acorn’s users.

### Is It Possible for Acorn to Invest in Weed Stocks in the Future?

It is possible that acorn will invest in weed stocks in the future. If weed is legalized at the federal level, acorn will be able to invest in companies that are involved in the weed industry. However, it is important to note that acorn is a conservative investing app. This means that acorn is unlikely to invest in weed stocks until they are more established and less volatile.

### What Are Some Alternatives to Investing in Weed Stocks?

If you are interested in investing in weed stocks, there are a few alternatives to acorn that you can consider. One option is to invest in ETFs that track the performance of the weed industry. Another option is to invest in individual weed stocks. However, it is important to note that investing in weed stocks is a risky investment. You should only invest in weed stocks if you are comfortable with the risks involved.

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### Conclusion

Acorn does not currently invest in weed stocks. This is because weed is still illegal at the federal level in the United States, and acorn is not allowed to invest in companies that are involved in illegal activities. It is possible that acorn will invest in weed stocks in the future. However, it is important to note that acorn is a conservative investing app. This means that acorn is unlikely to invest in weed stocks until they are more established and less volatile. If you are interested in investing in weed stocks, there are a few alternatives to acorn that you can consider.

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