The Week In Cannabis: Stocks Trade Up On Federal Bill (MORE Act), Earnings, Big M&A

Cannabis stocks traded up this week, aided by strong earnings reports, big M&A announcements and the reintroduction of the Marijuana Opportunity Reinvestment and Expungement Act (MORE) into Congress, after the previous year’s version failed to pass the Senate. The MORE Act would remove marijuana from the federal Controlled Substances Act (CSA) while addressing resentencing for cannabis offenses and preventing federal agencies from prohibiting security clearance or benefits because of cannabis use. If passed, the bill would also provide extended Small Business Administration (SBA) aid for those affected by the War on Drugs. The MORE Act comes with the backing of over…

The Week In Cannabis: Stocks Trade Up On Federal Bill (MORE Act), Earnings, Big M&A Topshelf News.

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