Yes I knew about the vote...and yes the whole sector is up....but volume on acb is not indicative of vote??????????????????????????????? Way over the top?????? 27MM traded @ 10:09am...hmmmmmmmmmmmmmmmmmmmmm I'm thinking there is more to it but JMO
The House Judiciary Committee passed the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act in a 24-10 vote.
It has not reached the floor of the House of Representatives yet for full vote. Debate on the House level is not yet scheduled. After the House debate a full vote needs to take place in the House.
Then the bill would go to the Senate where they would do the same thing. In general this results in a different bill and then the two parts of Congress (House and Senate) would need to reconcile the bill before it goes to the President for signature or veto.