U.S. cannabis stocks continue rallying as investors ponder potential de-scheduling

U.S. cannabis stocks continued to move up in pre-market trades on Friday, as the AdvisorShares Pure US Cannabis ETF jumped another 9% following steep gains in the previous session on comments by President Joe Biden that the U.S. would consider de-scheduling cannabis from its current position as a Schedule 1 narcotic under federal law.

cannabis stocks continued to move up in pre-market trades on Friday, as the AdvisorShares Pure US Cannabis ETF MSOS jumped another 9% following steep gains in the previous session on comments by President Joe Biden that the U.S. would consider de-scheduling cannabis from its current position as a Schedule 1 narcotic under federal law.

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