The House of Representatives intends to vote on a bill to federally legalize cannabis for the second time in history next week, congressional leadership confirmed.
The House will take up the Marijuana Opportunity, Reinvestment and Expungement (MORE), legislation that would remove cannabis from the list of federally controlled substances and promote social equity in the industry. The bill will officially head to the House floor for a vote, reported Marijuana Moment.
The following cannabis stocks moved amid the legalization report:
- HEXO ACB,
- Canopy Growth Corp CGC
- Cronos Group IncCRON,
- Sundial Growers Inc SNDL
- Tilray Inc TLRY
- Leafly LFLY
- Grow Generation GRWG
- Flora Growth (NASDAQ: FLGC)
- Akanda Corp AKAN
- Akerna Corp. KERN
- FSD Pharma HUGE
- Village Farms International VFF
Come and meet the leaders and CEOs from these companies and more at the Benzinga Cannabis Capital Conference April 20-21 in Miami's Fontainebleu Hotel. Tickets still available HERE
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Cannabis rescheduling seems to be right around the corner
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