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Why Curaleaf Stock Was Smoking the Market Today
The Motley Fool· 2025-09-23 19:19
A study conducted in Europe advanced arguments for marijuana law reform around the world.Whenever there's news about potential marijuana legalization anywhere in the world -- or at least some measure of decriminalization -- the few publicly traded pot companies tend to benefit. This was the case on Tuesday with big multistate operator Curaleaf (CURLF 4.90%), as a new study undertaken on the other side of the world illustrated the benefits of making the drug legal. The company's share price was up by nearly ...
Why Curaleaf Stock Bumped Higher Today
The Motley Fool· 2025-07-28 22:25
Group 1 - Pro-cannabis law reform advocates are gaining influence in U.S. politics, which is a positive sign for marijuana investors despite the industry's ongoing struggles and frequent net losses among major companies [1] - Marijuana stocks tend to rise with any positive news, as seen with Curaleaf's share price increasing by over 2% following political developments, outperforming the S&P 500 index during that trading session [2] - President Trump has endorsed Florida State Senator Joe Gruters, a proponent of marijuana legalization, for the position of chairman of the Republican National Committee, which could be seen as a positive development for the cannabis industry [3][5] Group 2 - Gruters has actively supported marijuana legalization, including sponsoring a bill for medical cannabis patients to grow their own plants, although this bill was ultimately rejected [4] - While Gruters' potential election as RNC chairman would be a minor victory for cannabis advocates, significant federal changes require the support of influential lawmakers, indicating that more substantial progress is needed [5]