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Chuck Schumer Says Congress Is ‘Very Close’ To Passing Cannabis And Expungement Bills, Weed Stocks Jump

Senate Majority Leader Chuck Schumer said that Congress is getting “very close” to introducing and passing a marijuana bill with provisions that will cover banking access for legal businesses and expungements of past cannabis convictions. He also cited that he’s making progress in discussions with a “bunch of Republican senators.”

ACB

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Mostly Tricks, Few Treats For Pot Stocks in 2022

Halloween is prime spooky season, but for most investors, all of 2022 has been quite scary. Stocks across the board have taken substantial hits this year, with cannabis particularly affected. Cannabis' surging pandemic performances have been dashed mostly. Now, Fed uncertainty looms while profitability continues to elude most operators, from MSOs to the ancillary market.

ACB