Cannabis Stocks Soar on Report Congress Plans Vote on LegalizationPosted by On

  • Cannabis stocks soared on Thursday after a report said Congress has scheduled a vote to legalize the drug.
  • The U.S. House of Representatives will reportedly vote next week on the Marijuana Opportunity, Reinvestment and Expungement Act.
  • If enacted, the bill would remove cannabis from the list of federally controlled substances.

Cannabis stocks surged in late-afternoon trades on Thursday after Congress scheduled a vote to federally legalize the drug, according to a report from Marijuana Moment.

The U.S. House of Representatives will vote next week on the Marijuana Opportunity, Reinvestment and Expungement act, a bill that would remove cannabis from the list of federally controlled substances. If passed, the bill would be sent the the Senate for approval before heading to President Joe Biden’s desk for his signature.

Shares of Tilray and Sundial soared nearly…

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  • Cannabis stocks soared on Thursday after a report said Congress has scheduled a vote to legalize the drug.
  • The U.S. House of Representatives will reportedly vote next week on the Marijuana Opportunity, Reinvestment and Expungement Act.
  • If enacted, the bill would remove cannabis from the list of federally controlled substances.

Cannabis stocks surged in late-afternoon trades on Thursday after Congress scheduled a vote to federally legalize the drug, according to a report from Marijuana Moment.

The U.S. House of Representatives will vote next week on the Marijuana Opportunity, Reinvestment and Expungement act, a bill that would remove cannabis from the list of federally controlled substances. If passed, the bill would be sent the the Senate for approval before heading to President Joe Biden’s desk for his signature.

Shares of Tilray and Sundial soared nearly…



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