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home / news releases / TLRY - Cannabis divide in Congress larger than anticipated


TLRY - Cannabis divide in Congress larger than anticipated

Cantor Fitzgerald says it is growing more pessimistic about federal level cannabis reform over the next two years after what was basically a symbolic House vote on MORE last week."Recent MJ related rhetoric from Senate Majority Leader Mitch McConnell and Vice-President elect Kamala Harris, all make us think Republicans and Democrats are a lot more divided on what relates to cannabis reform than we had assumed (relatively speaking, vs. other matters)," notes analyst Pablo Zuanic. Zuanic puts the odds of SAFE passing the Senate in the next two years at less than 30%, STATES at 10% and MORE at 1%. "All this said then, when it comes to further deregulation, we will remain focused on reform at the state-level (which will be the next ones to launch rec programs? and or start medical programs? and states that may loosen the rules of their medical programs?). If we stretch to look

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Cannabis divide in Congress larger than anticipated
Stock Information

Company Name: Tilray Inc.
Stock Symbol: TLRY
Market: NASDAQ
Website: tilray.com

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