skinny.

Latest / The John Johnston Lounge

What the Start of Biden’s Fed Cannabis Legalization Means for Cannabis Stocks

Cannabis federal legalization has just taken a big step forward with a surprise announcement from president Biden to reschedule cannabis at the federal level, along with some other key cannabis policy changes. In this episode I explore what this means for investors, and what is likely to happen in the near future for publicly listed U.S. cannabis companies and their stocks.

Timestamps:

00:23 Cannabis stocks ripped higher on the news

01:23 Biden's important cannabis policy announcement

03:42 Rescheduling cannabis, not federal decriminalization, yet

04:24 No need to wait for SAFE Banking?

05:34…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.