Rep. Nancy Mace ( R- South Carolina) joins Yahoo Finance to discuss decriminalizing marijuana and the possiblity of a bipartisan bill.
You don’t normally think of Federal regulation – or the prospect of Federal regulation – being the catalyst for a sudden, industry-wide, spike in share prices. But that’s exactly what we’re seeing with cannabis stocks right now, as a House Republican has submitted a draft bill on Federal legalization – on that may stand a better chance of passage than Democratic Senator Chuck Schumer’s stalled bill. The bill is being drafted by South Carolina Republican Nancy Mace, and discussion has been going
Green Thumb Industries CEO Ben Kovler discusses the cannabis company's ability to grow in an ever-expanding market that anticipates future legalization in more states as cannabis tax dollars are outpacing alcohol tax dollars in states that have already endorsed legalizing the substance.