Cannabis legislation

Considering US would be a massive market for TRIP and CPH combined, the political and legislative factors seem to be rolling ahead with optimism.
All the merger and 'juggernaut' talks would be useless in absence of legislation which will legalise cannabis and other psychedelics.

The US legalisation movement took another big step forward last week, after lawmakers elected to reintroduce the Marijuana Opportunity Reinvestment and Expungement (MORE) Act to Congress, which would eliminate the federal ban on cannabis.

The bill was tabled by Democratic House Judiciary Committee chairman, Jerry Nadler, who previously introduced the legislation late last year. The MORE Act was then subsequently passed by the House of Representatives in December, although it was eventually left to languish by the-then Republican-controlled Senate.

However, the upper chambers of Congress are now controlled by the Democrats, and the MORE Act is likely to enjoy significant support from the likes of Senator Cory Booker and Senate Majority Leader Chuck Schumer, who have both pledged to support cannabis legalisation efforts at the federal level.Source: https://unauthorised investment advice/health/cannabis-sector-boosted-by-more-progress-with-us-congress/
(S T O C K H E A D)