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Biden puts cannabis stocks on a high

1 month ago   |   By RT

The US President has promised pardons for pot possession
Cannabis companies' stocks surged after US President Joe Biden announced on Thursday that he would pardon thousands of people found guilty of marijuana possession and launched a review of the drug's status at a federal level.
Shares in US and Canadian cannabis growers and sellers moved up sharply on the announcement.
Stock in Canopy Growth, jumped 22% on the Nasdaq, Trulieve Cannabis gained 36%, Curaleaf and Tilray Holdings also both soared over 30%.
Canopy Growth hailed Biden's announcement, describing it as “an acknowledgement that...
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