Cannabis stocks are trading higher after Germany’s upper house, the Bundesrat, approved a law to ease rules on cannabis. Beginning April 1, adults aged 18 and over will be allowed to carry up to 25 grams of cannabis for their own consumption. Public consumption will be allowed, so long as it is not within sight of children or near sports facilities. Publicly traded companies in the space include Aurora Cannabis (ACB), CV Sciences (CVSI), CannTrust Holdings (CNTTF), Canopy Growth (CGC), Cronos Group (CRON), Goodness Growth (GDNSF), Green Thumb Industries (GTBIF), IGC Pharma (IGC), Tilray (TLRY), Trees Corporation (CANN), Trulieve Cannabis (TCNNF) and Zynerba (ZYNE).
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