Harborside Inc. HBORF

Healthcare Cannabis

Harborside Inc is a United States based cannabis retailer. The company manages and operates four retail dispensaries in California, one retail dispensary in Oregon, a cultivation/production facility in Salinas, California and also assists state-licensed operators engaged in the cultivation, manufacture, and distribution of cannabis throughout the United States.

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Harborside Inc. > Big day Monday

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Post by RiskyBiz928on Mar 25, 2022 8:24am

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Big day Monday

Cannabis stocks led by Sundial Growers (NASDAQ:SNDL +20.2%) and Tilray (NASDAQ:TLRY +15.7%) turned higher on the news that the U.S. House of Representatives is preparing to vote on the federal legalization of marijuana for the second time in history next week.
The House will consider the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY) on Monday, Congressional leadership confirmed, according to Marijuana Moment.
A previous version of the MORE Act cleared the House floor in December 2020, but it stalled in the Senate.
The bill aims to deschedule cannabis from the list of federally controlled substances and promote social equity in the industry.
Other notable gainers include: Canopy Growth (NASDAQ:CGC +8.5%), Cronos (CRON +6.7%), Aurora Cannabis (ACB +8.0%), cbdMD (NYSE:YCBD +27.1%) OrganiGram Holdings (OGI +9.2%), HEXO Corp (HEXO +8.2%) MedMen Enterprises (OTCQB:MMNFF +12.9%), Acreage Holdings (OTCQX:ACRHF +7.5%), Harvest Health & Recreation (OTCQX:HRVSF), Trulieve Cannabis (OTCQX:TCNNF +6.2%), Ayr Wellness (OTCQX:AYRWF +6.8%).