- Senate Majority Leader Chuck Schumer (D-N.Y.) will introduce a draft of legislation tomorrow that would legalize marijuana on the federal level, according to Marijuana Moment.
- The bill, the Cannabis Administration and Opportunity Act, will be unveiled Wednesday at a press conference.
- While details of the proposed legislation are not yet available, the purpose of tomorrow's release is to spur discussion for a formal introduction of the bill later on.
- Multi-state operator: Trulieve Cannabis (OTCQX:TCNNF -3.3%); Harvest Health & Recreation (OTCQX:HRVSF -3.6%); Curaleaf Holdings (OTCPK:CURLF -1.3%); Acreage Holdings (OTCQX:ACRHF -3.0%); Cresco Labs (OTCQX:CRLBF -1.6%); Green Thumb Industries (OTCQX:GTBIF -1.8%); MedMen Enterprises (OTCQB:MMNFF -3.5%).
- Cannabis distributors: OrganiGram Holdings (OGI +0.4%); Cronos Group (CRON -0.4%); HEXO Corp. (HEXO); Aurora Cannabis (ACB +1.1%); Canopy Growth (CGC +0.4%); Tilray (TLRY +0.4%), Sundial Growers (SNDL -3.0%), GrowGeneration (GRWG +0.9%).