GREY:ALEAF - Post by User
Post by
sthineion Nov 08, 2021 4:18pm
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Post# 34101878
Cannabis
Cannabis Cannabis stocks rose Monday for the second straight day after a report by Marijuana Moment that Rep. Nancy Mace (R-S.C.) is circulating the States Reform Act as a measure to legalize cannabis on a federal level. Cantor Fitzgerald analyst Pablo Zuanic said late Friday the measure "significantly increases the probability of federal level marijuana reform" during the current term. Shares of the Cannabis ETF THCX, +7.91% rose 5%, Curaleaf CURLF, +2.58% jumped 10%, Trulieve TCNNF, +2.89% advanced by 5.7%. Green Thumb Industries GTBIF, +5.60% rallied 11% and Cresco Labs CRLBF, +6.22% rose 7.4%.