Marijuana ETF Higher as Three States Pass Cannabis Legislation

According to Fagan, Democrats controlling the house marks “a fundamental shift in the U.S. legislative landscape which could usher in a period of positive cannabis reform.”

“For instance, Dems will now gain majority control of the powerful House Rules Committee, which previously acted as a dogged gatekeeper of positive cannabis reform for the past 2 years under the oversight of anti-cannabis Republican Pete Sessions,” Fagan wrote.

Related: Marijuana ETF Jumps After Canopy Growth Buys U.S. Hemp Researcher

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