What happened
The stock market is having a rough start to the week, with the Dow Jones Industrial Average down 0.25% and the S&P 500 off 0.35% in 12:45 p.m. EDT trading — but hey, at least marijuana stocks are glowing green! Shares of cannabis industry giant Canopy Growth (NYSE:CGC) rose 8.4% in afternoon trading today, while the smaller Aurora Cannabis (NYSE:ACB) gained 11.9% and Tilray (NASDAQ:TLRY) tacked on a 12.2% gain.
And you can probably thank CNBC for that.
Marijuana stocks turned bright green Monday. Image source: Getty Images.
So what
In a story that went live over the weekend, CNBC recapped a series of impending positives for the marijuana industry, beginning with the prospect that a victorious Biden-Harris ticket could result in “adult-use marijuana decriminalization, moderate…