CGC - Cannabis Stocks Continue Skyrocketing Amid Florida And Global Legalization Advances | Benzinga
Cannabis industry stocks like Aurora Cannabis Inc. (NASDAQ:ACB), Canopy Growth Corp. (NASDAQ:CGC) and TILT Holdings Inc. (OTCQB:TLLTF) experienced remarkable surges lately and are trading higher Wednesday.
From Florida to Germany: Legalization Fuels Cannabis Stocks Surge
This uptick is closely tied to the broader bullish wave across the U.S. and global markets, spurred by landmark legal advances. Notably, Monday’s Supreme Court of Florida’s decision to allow a recreational cannabis legalization initiative to be placed on November’s ballot was a pivotal moment, promising to unlock a substantial new market.
Further buoying investor sentiment, Germany’s recent legalization of cannabis marks the opening of another vast legal market. Amid these developments, cannabis stocks have soared, with Aurora Cannabis and Canopy Growth experiencing climbs of over 80% and 160%, respectively, in ...