Tilray Brands Inc (TLRY)

[FUNMAN]

Cannabis legalization is about to get a major shot in the arm.

Schumer: The U.S. Senate Will Soon Act on Cannabis Legalization

Staff - Monday, May 3, 2021

IMO, this will be big news for Tilray / Sweetwater. - FUNMAN

Cannabis legalization is about to get a major shot in the arm. Not only are more states legalizing cannabis, but we could soon see a federal legalization bill from Senate Majority Leader Chuck Schumer. In fact, according to Marijuana Moment, “Schumer for months has signaled that he and Democratic colleagues Sens. Cory Booker (D-NJ) and Ron Wyden (D-OR) intend to bring legislation this session to legalize cannabis nationwide, though the group has not yet revealed their proposal.” Progress could send related cannabis stocks to higher highs.

In addition, far more Americans believe cannabis should be legal. According to Pew Research, 91% of Americans now say cannabis should be legal, adding, “As more states, including Virginia and New York, continue to legalize marijuana, an overwhelming share of U.S. adults (91%) say either that marijuana should be legal for medical and recreational use (60%) or that it should be legal for medical use only (31%). Fewer than one-in-ten (8%) say marijuana should not be legal for use by adults.” With a good deal of positive catalysts, it may only be a matter of time before we see full legalization all over the country, and perhaps, the world.