2023-03-29 12:59:34 ET
- The Delaware Senate on Tuesday approved a pair of House bills that legalize the possession of marijuana and set up a marketplace for legal cannabis sales.
- The bills now go before Gov. John Carney (Dem.).
- The legalization legislation and the marketplace legislation each passed both houses with enough votes that would override a veto from Carney, Marijuana Moment reported.
- The legalization bill would allow adults 21 and over to possess one ounce of marijuana. The other legislation would create a framework for a sales system for cannabis.
- Earlier in March, Oklahoma voters rejected a ballot measure to legalize recreational cannabis.
- Multi-state operators: Cresco Labs ( OTCQX:CRLBF ); Columbia Care ( OTCQX:CCHWF ); Trulieve Cannabis ( OTCQX:TCNNF ); Green Thumb Industries ( OTCQX:GTBIF ); Curaleaf Holdings ( OTCPK:CURLF ); MedMen Enterprises ( OTCQB:MMNFF ); Acreage Holdings ( OTCQX:ACRHF ); Ayr Wellness ( OTCQX:AYRWF ); Verano Holdings ( OTCQX:VRNOF ); and Jushi Holdings ( OTCQX:JUSHF ).
- Cannabis ETFs: AdvisorShares Pure Cannabis ETF ( YOLO ), Amplify Seymour Cannabis ETF ( CNBS ), ETFMG Alternative Harvest ETF ( NYSEARCA: MJ ), AdvisorShares Pure US Cannabis ETF ( MSOS ), and Global X Cannabis ETF ( POTX ).
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Delaware marijuana legalization now in hands of governor