Friday, July 10, 2020 4:29:30 PM
Closing Price $11.29 / Day's Change 0.995 (9.66%)
Nice to see it hit the 52 wk high intraday.
Perhaps it had something to do with this: You can read the entire 110 pages or just skip to the parts about cannabis. I excerpted them below.
Biden-Sanders unity task forces' policy recommendations
https://assets.documentcloud.org/documents/6983111/UNITY-TASK-FORCE-RECOMMENDATIONS.pdf
Here is the part from page 9 that addresses cannabis.
Substance use disorders are diseases, not a crimes. Democrats believe no one should be in prison solely because they use drugs. Democrats will decriminalize marijuana use and reschedule it through executive action on the federal level. We will support legalization of medical marijuana, and believe states should be able to make their own decisions about recreational use. The Justice Department should not launch federal prosecutions of conduct that is legal at the state level. All past criminal convictions for cannabis use should be automatically expunged. And rather than involving the criminal justice system, Democrats support increased use of drug courts, harm reduction interventions, and treatment diversion programs for those struggling with substance use disorders.
From page 59
Marijuana: Decriminalize marijuana use and legalize marijuana for medical purposes at the federal level. Allow states to make their own decisions about legalizing recreational use. Automatically expunge all past marijuana convictions for use and possession. Lift budget rider blocking DC from taxing and regulating legal marijuana and remove marijuana use from the list of deportable offenses. Encourage states to invest tax revenue from legal marijuana industries to repair damage to Black and brown communities hit hardest by incarceration.
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