Aurora Cannabis, other pot stocks surge as marijuana legalization spreads in the US

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Shares of Aurora Cannabis have more than doubled since Election Day after several states voted to legalize some form of marijuana use.

. Voters in Oregon also chose to remove jail time as a punishment for small possession of some other drugs, including cocaine.

Traders may also be betting that Democratic nominee Joe Biden, who took the lead in Pennsylvania on Friday even as the presidential election remained uncalled by NBC News, would be more willing to legalize marijuana on a federal level. Biden said during the campaign that he supported decriminalization but did not endorse full legalization.

The spike for pot stocks follows a dramatic decline for much of the year. Even with Friday's jump, Aurora shares have lost roughly 60% of their value this year.

 

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thanks for this news

Cannabis should be legal nation wide and do good with the funds it brings in.

YESS MAKING SOME MONEY TODAY GO UPPPPP AURORA‼️‼️

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