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Why Tilray Shares Popped Monday

The stocks of Canadian cannabis companies have long been moving based on the potential for the U.S. market to open up to them. News of draft legislation led by South Carolina Republican Rep. Nancy Mace has been reported in circles of the cannabis sector since last week, and it is scheduled to be officially unveiled today. Tilray has been positioning its business for the eventual legalization in the U.S., and a bill sponsored by Republicans could be a game changer. Read More...

The stocks of Canadian cannabis companies have long been moving based on the potential for the U.S. market to open up to them. News of draft legislation led by South Carolina Republican Rep. Nancy Mace has been reported in circles of the cannabis sector since last week, and it is scheduled to be officially unveiled today. Tilray has been positioning its business for the eventual legalization in the U.S., and a bill sponsored by Republicans could be a game changer.

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