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House committee clears cannabis-related amendments setting up floor votes -- Marijuana Moment

Jul. 27, 2021 4:07 PM ETACB, CCCP...Acreage Holdings, Inc. (ACRHF), Aurora Cannabis Inc. (ACB), Canopy Growth Corporation (CGC)...By: Jonathan M Block, SA News Editor

The House Rules Committee yesterday approved several cannabis-related amendments to be included in a floor vote on a spending bill, Marijuana Moment reports.

One amendment would allow CBD and hemp-derived products to be lawfully included in dietary supplements under the Food, Drugs, and Cosmetics Act.

Another amendment would eliminate language that allows federal funding to go to universities that are conducting research on marijuana.
A third would allow researchers to study several schedule I drugs, such as MDMA, psilocybin, and ibogaine.

A fourth would transfer $25M to the National Forest System for enforcement of illegal marijuana trespass grow sites on federal lands.
Multi-state operators: Trulieve Cannabis (OTCQX:TCNNF -2.3%); Harvest Health & Recreation (OTCQX:HRVSF -2.5%); Curaleaf Holdings (OTCPK:CURLF -4.0%); Acreage Holdings (OTCQX:ACRHF -6.9%); Cresco Labs (OTCQX:CRLBF -3.7%); Green Thumb Industries (OTCQX:GTBIF -3.6%); and MedMen Enterprises (OTCQB:MMNFF -5.2%).

Cannabis distributors: OrganiGram Holdings (OGI -4.5%); Cronos Group (CRON -2.2%); HEXO Corp. (HEXO -3.3%); Aurora Cannabis (ACB -5.1%); Canopy Growth (CGC -6.8%); Tilray (TLRY -7.1%), Sundial Growers (SNDL -3.6%); and GrowGeneration (GRWG -1.2%).