U.S. cannabis stocks continue rallying as investors ponder potential de-scheduling

[{"selector":"#anim-33d6170c-285f-4075-93b3-eb363ca9a4c8","keyframes":{"opacity":[0,1]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10833f39-674c-4d42-899f-503e44adf1ad","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-127bfca1-996f-420c-92dd-cbd10db553c6","keyframes":{"opacity":[0,1]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-514cba9d-0b7c-4e2e-9cf1-42cba5019329","keyframes":{"transform":["translate3d(107.58427%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-854223e1-72af-4f5b-aa99-b017c8de38c4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The AdvisorShares Pure US Cannabis ETF increased by 9% in pre-market trading on Friday.

[{"selector":"#anim-5b690d25-6204-4f23-b31f-d3b06a6c0a4e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-326e1762-d9f3-4395-86ff-dcd90549d206","keyframes":{"opacity":[0,1]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-958233cf-e8d1-46b7-b9d5-fb9b04c6d4e1","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f8ca9519-5c77-4cf8-8519-f62d3a3c12c0","keyframes":{"opacity":[0,1]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-64ef1b9c-2870-4078-b5a2-560ec13d8cc9","keyframes":{"transform":["translate3d(107.58427%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] After making significant gains the previous session as a result of President Joe Biden's remarks.

[{"selector":"#anim-eab37cae-abdc-4b37-bbd5-52f3635d7565 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c5d0543f-b370-41b2-a76c-2e1095c1b75c","keyframes":{"opacity":[0,1]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-85249e7f-d2f2-486e-ac47-23882816aacd","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48087043-8f56-4032-83c8-1dde03190a43","keyframes":{"opacity":[0,1]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f6da2e13-22e9-4402-bdc6-982dfd17e78c","keyframes":{"transform":["translate3d(107.58427%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] tTe United States would consider de-scheduling cannabis from its current status as a Schedule 1 narcotic under federal law.

[{"selector":"#anim-30b000d6-68e0-42ce-8217-690c883e36b9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0ad74a0d-571f-4734-873e-a39c7c906266","keyframes":{"opacity":[0,1]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-da26b526-02b2-46d4-9913-e778fa4a12e7","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e95a8d8-ada1-4c60-867a-78d2e1905b12","keyframes":{"opacity":[0,1]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1506b01d-566d-4c9c-b8e7-abff1baf2098","keyframes":{"transform":["translate3d(108.42696%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Biden's decision to urge the attorney general and health secretary to investigate cannabis.

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[{"selector":"#anim-c9e92154-9121-443b-bc4a-6d32719ed331 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a985e0ec-e888-4944-9659-82b931d2fb93","keyframes":{"opacity":[0,1]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dcad5d9a-deba-41d4-90a4-85e8b1aa277e","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56cf9cbd-71d2-4db1-b1f8-4eab7189bc7c","keyframes":{"opacity":[0,1]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91c054b7-1d62-4028-886e-1d4794a31db6","keyframes":{"transform":["translate3d(107.58427%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Bennett said rescheduling cannabis would, "we believe, be enough to allow for uplistings, and in turn, huge inflows of new institutional money.

[{"selector":"#anim-ae167666-3d7f-42fc-8228-416f7c0c115e","keyframes":{"opacity":[0,1]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8cf05842-437b-4b97-8f4b-5bf20ad9a8a2","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9120d75-3651-4e7a-a986-cb1a33bbb5d4","keyframes":{"opacity":[0,1]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0bad2757-f8d3-4e52-8bd3-3560f84d570f","keyframes":{"transform":["translate3d(107.58427%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7b4abcca-5481-4132-86d4-7c9d381dadc6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] along with a prospective step dubbed SAFE Banking to open up the financial system.

U.S. cannabis stocks continue rallying as investors ponder potential de-scheduling

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