Canopy Growth Corporation (NASDAQ:CGC) shares continued to move higher Tuesday after gaining more than 9% in Monday’s session. Here’s a look at what you need to know.
What To Know: Canopy Growth stock popped Monday around the same time former President Donald Trump selected Sen. J.D. Vance (R-Ohio) as his vice-presidential running-mate. Ohio legalized adult-use cannabis in November 2023.
According to a Marijuana Moment report, Vance believes states should set their own cannabis laws. He’s also suggested that he’s against incarcerating individuals for low-level possession.
Vance voted against the Secure and Fair Enforcement Regulation (SAFER) Banking Act when it was approved in September 2023, noting that “the bill was crafted in such a way that actually would have opened up access to banking resources for fentanyl traffickers and others.” However, Vance left the door open to approving a revised bill in the…
