ACRHF - Despite cannabis banking legislation passage multi-stage operators lagging
Yesterday's passage of the SAFE Banking Act, seen as a boon to federal cannabis legislation as it allows multi-state operators to do business with U.S. financial institutions, is not helping MSOs' share prices today.They are all down in afternoon trading.U.S. multi-state operators this afternoon: Trulieve Cannabis (TCNNF) -2.3%; MedMen Enterprises (MMNFF) -4.2%; Curaleaf Holdings (CURLF) -3.9%; Green Thumb Industries (GTBIF) -2.4%; Cresco Labs (CRLBF) -0.6%; Acreage Holdings (ACRHF) -2.4%; Harvest Health & Recreation (HRVSF) -3.8%.
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Despite cannabis banking legislation passage, multi-stage operators lagging