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-0.00239234449760782 -0.00239234449760782 -0.0119617224880384 -0.014354066985646 -0.0239234449760767 -0.0239234449760767 -0.0239234449760767 -0.0239234449760767
Stock impact report

Pot producers climb as recreational cannabis to go on Florida ballot [Reuters]

SNDL Inc. - Common Shares (SNDL) 
Company Research Source: Reuters
Monday allowed voters , opens new tab to decide on the fate of recreational use of marijuana in the state through a referendum on the November ballot. If passed, adult-use cannabis will be legal in the country's third-most populous state. WHY IT IS IMPORTANT Florida can become the next top prize for regulated U.S. marijuana operators. It has a population of more than 22 million and is also an important medical cannabis market. It could add to the Biden administration's efforts to push cannabis reforms such as seeking to ease the treatment of the psychoactive plant under federal law and pardoning thousands of convictions for mere possession of the drug. The U.S. health agency last year also proposed to reclassify cannabis as a lower-risk substance, boosting expectations of legalization at the federal level. MARKET REACTION U.S-listed shares of pot firms SNDL (SNDL.O) , opens new tab , Tilray Brands (TLRY.O) , opens new tab , Aurora Cannabis (ACB.TO) , opens new tab , and C Show less Read more
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