Dumb & Dumber…….Cannabis Stocks Surge After Gaetz Says Trump Backs Federal Rescheduling

Trump says cannabis decriminalizastion is a “bad thing” or somesuch for DC , Gaetz writes flaky piece about Trump loving cannabis . stocks go up.

Clutching at straws?

Gaetz, who was once considered by Trump for U.S. Attorney General, explained that rescheduling marijuana would benefit veterans, make cannabis research easier, and reduce the high tax burden that legal dispensaries face under current federal law. Indeed, right now, marijuana’s status as a Schedule I drug creates major financial and research barriers for businesses and scientists.

He also stressed the importance of government agencies following through on this change to reflect what most Americans want. “It is crucial that our federal agencies follow through on this effort and finally align federal cannabis policy with the will of the American people,” Gaetz wrote. As a result, his comments gave investors hope that real progress is finally being made on federal marijuana reform, which led to the rise in cannabis stocks.

https://markets.businessinsider.com/news/stocks/cannabis-stocks-surge-after-gaetz-says-trump-backs-federal-rescheduling-1034523886



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