Monday, July 26, 2021 1:10:53 PM
Jul. 26, 2021 12:55 PM ETACB, CGC...Acreage Holdings, Inc. (ACRHF), Cresco Labs Inc. (CRLBF), Curaleaf Holdings, Inc. (CURLF)...By: Jonathan M Block, SA News Editor4 Comments
cannabis legalization in the united states of america. cannabis leaf in hands on usa flag background
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Senators who back a federal marijuana legalization bill will start having conversations with the White House to get President Biden to agree with the measure, Sen. Cory Booker (D-N.J.) said.
"Now that a discussion draft of our legislation has been released we will start having conversations with the White House to get them behind our proposal," Booker said on Friday in a Twitter chat with constituents to discuss the Cannabis Administration and Opportunity Act .
Booker, along with Sens. Schumer (D-N.Y.) and Wyden (D-Ore.) introduced the draft legislation earlier this month.
Even if the bill was able to pass the Senate -- a feat some see as improbable given the number of Democrats who oppose it -- President Biden has long said he is opposed to cannabis legalization.
Multi-state operators today: Trulieve Cannabis (OTCQX:TCNNF -1.0%); Harvest Health & Recreation (OTCQX:HRVSF -1.5%); Curaleaf Holdings (OTCPK:CURLF -2.3%); Acreage Holdings (OTCQX:ACRHF +1.2%); Cresco Labs (OTCQX:CRLBF -2.5%) ; Green Thumb Industries (OTCQX:GTBIF -2.3%); and MedMen Enterprises (OTCQB:MMNFF +2.1%).
Cannabis distributors today: OrganiGram Holdings (OGI +3.0%); Cronos Group (CRON +0.1%); HEXO Corp. (HEXO -0.7%); Aurora Cannabis (ACB +0.1%); Canopy Growth (CGC -0.7%); Tilray (TLRY -1.4%), Sundial Growers (SNDL -0.5%); and GrowGeneration (GRWG -0.4%).
Now read: Tilray, other Canadian operators underperform amid uncertainty over federal legalization of cannabis
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