POTX - Cannabis craze sees marijuana names light up again

Cannabis stocks are again higher this morning as the Reddit/WSB traders turn their focus to the sector. Marijuana names were already having a party since the beginning of February, given Jazz Pharmaceuticals' (JAZZ) $7.2B deal for medical cannabinoid firm GW Pharma (GWPH) and Tilray's (TLRY) pact to distribute medical cannabis products in the U.K. Canopy Growth's (CGC) fiscal Q3 revenue beat also helped boost sentiment, while Senate Majority Leader Chuck Schumer unveiled plans to put forward and advance "comprehensive cannabis reform legislation."Latest movement premarket: Tilray (TLRY) is ahead by 10% after a 51% climb on Wednesday. Others are tacking on more big gains like OrganiGram Holdings (NASDAQ:OGI) +15%, AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO) +13%, Aurora Cannabis (ACB) +11%, Cronos Group (NASDAQ:CRON) +10%, Aphria (NASDAQ:APHA) +9%, Global X Cannabis ETF (NASDAQ:POTX) +9% and HEXO (HEXO) +5%.Analyst commentary: "It seems that institutional investors are finding pathways to access the U.S. cannabis opportunity

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Cannabis craze sees marijuana names light up again