The AdvisorShares Pure US Cannabis ETF dipped 2.8% as failure of the SAFE Banking measure to be included in Congress's omnibus spending bill weighed on the sector, but some stocks rose. Shares pared steeper losses from Monday, as reports surfaced the SAFE Banking was dead for the lame duck session. Among individual stocks, Green Thumb Industries jumped 6.6% after losing 12% in the previous session. Curaleaf Holdings rose 0.7%; Trulieve Cannabis Corp. edged up by 0.3%, Cresco Labs fell by 1.
edged up by 0.3%, Cresco Labs CRLBF fell by 1.70% and Verano Holdings VRNOF fell 2.6%. Canopy Growth Corp. CGC retreated by 1.7%, Tilray Inc. fell back by 2.7% and TerrAscend TRSSF rose 0.3%.
R.I.P to all those people who bought Cannabis penny/cheap stocks hoping for a big payday.
In the US you can drink a bottle of Bourbon, launder some money through cryptos, then go shoot nuts with a machine gun....but you can't smoke a plant....Time for anarchy
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