AdvisorShares Pure US Cannabis ETF undefined fell more than 18% on Monday on reports that the SAFE Banking measure has been left out of Congress's omnibus...
AdvisorShares Pure US Cannabis ETF fell more than 18% on Monday on reports that the SAFE Banking measure has been left out of Congress's omnibus spending bill. Cannabis advocates had hoped the measure to open up the financial system to cannabis companies would be passed during the lame duck session, but it appears to have been left out of the annual spending package due up for a vote before the end of the year. Among individual stocks, Green Thumb Industries fell 12.
retreated by 17.5%, Cresco Labs CRLBF declined by 17.6% and Verano Holdings VRNOF fell 15.3%. Canopy Growth Corp. CGC dropped 7.3%, Tilray Inc. subtracted 8.6% and TerrAscend TRSSF fell 20.7%.
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