The biggest potential catalysts for Ayr and Cresco, though, would benefit all marijuana stocks. I'm referring to the prospects for significant cannabis reform at the federal level in the U.S. Legislative efforts are under way to remove restrictions that limit cannabis companies from accessing traditional banking services and to remove marijuana from the Controlled Substances Act.
The latter legislation wouldn't legalize marijuana at the federal level. However, if enacted into law it would mean that marijuana is no longer federally illegal. That would pave the way for Ayr and Cresco to list their shares on a major U.S. stock exchange -- a move that would almost certainly cause the stocks to skyrocket.
News 
Market Data 
Discover 
