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Why Tilray Stock Leaped 8% Higher on Tuesday
Yahoo Finance· 2025-10-07 21:13
Key Points No less than three U.S. Republican senators expressed support for marijuana law reform in a set of recent interviews. President Trump is currently mulling a significant change in the legal designation of the drug. 10 stocks we like better than Tilray Brands › The slow-walk process that is potential de facto marijuana legalization in this country seemed to take a little step forward on Tuesday. This positively affected certain cannabis stocks based in both the U.S. and Canada, notably Til ...
Why Curaleaf Stock Surged 13% Higher Today
The Motley Fool· 2025-07-25 22:01
Group 1 - A coalition of 32 attorneys general from various U.S. states and territories is advocating for the passage of a marijuana banking bill to reform current banking laws affecting cannabis businesses [2][5] - The proposed SAFER Banking Act aims to provide cannabis businesses with access to essential financial services, which they currently lack due to federal illegality, forcing many to operate on a cash-only basis and increasing crime risks [4] - The bipartisan support for marijuana legalization is reflected in the diverse backgrounds of the attorneys general, indicating broad public support for reform [5] Group 2 - Curaleaf's stock experienced a significant increase of 13% in response to the renewed political push for marijuana banking reform, contrasting with the S&P 500's modest gain of 0.4% [1] - The ongoing pressure for change in marijuana banking laws is viewed positively for the cannabis industry, despite the slow progress in Congressional reform efforts [6]