BY ALENA BOTROS on Fortune.com A bill that would decriminalize marijuana at the federal level could be announced by Senate Democrats as early as next week, a source familiar with the matter told Bloomberg. The measure is reported to have been worked on by Majority Leader Chuck Schumer, along with Sens. Cory Booker and Ron Wyden. A draft of the bill had previously been released … [Read more...] about Pot stocks soar after report reveals Senate Democrats plan to introduce a bill that would decriminalize marijuana
Weed investments
This Former Market Darling Is More Weed Than Flower
Canopy Growth has burned investors, and a rebound isn't a sure thing. Cannabis company Canopy Growth (CGC -1.40%) has been a wild ride for investors over the past several years, soaring to more than $45, followed by sharp declines. The legalization of cannabis in Canada and parts of the United States created excitement for a growing but immature industry. Canopy Growth has … [Read more...] about This Former Market Darling Is More Weed Than Flower
Cautious approach to investing in New York cannabis advised by experts
As New York establishes its legal marijuana marketplace, investors continue to seek opportunities to back cannabis businesses and earn a return on their dollar. Experts say such opportunities exist, but recommend a cautious approach amid regulatory uncertainty, the state’s focus on social equity, and the staying power of its legacy cannabis market. Jonathan Miller is … [Read more...] about Cautious approach to investing in New York cannabis advised by experts
