Shares of major cannabis producers surge up to 19% after Kamala Harris vows to decriminalize pot – Daily Mail

Shares of major cannabis producers surge up to 19% after Kamala Harris vows a Biden administration would decriminalize pot during VP debateDuring the vice presidential debate on Wednesday, Sen Kamala Harris said a Harris/Biden administration would decriminalize marijuana at the federal level Harris said: ‘We will decriminalize marijuana and we will expunge the records of those who have been convicted of marijuana ‘Cannabis stock tracker MJ ETF rose 5.5 per cent to mark its best session since early June, while Tilray Inc jumped 19.2 per cent on the Nasdaq

US-listed shares of major cannabis producers surged on Thursday after Democratic vice president nominee Kamala Harris said marijuana would be decriminalized at a federal level in the US under a Biden administration.

During Wednesday night’s debate with Vice President Mike Pence, Harris said she and Democratic presidential nominee Joe Biden would also expunge the criminal records of people convicted of marijuana-related offenses in the past.

‘We will, on the issue of criminal justice reform, get rid of private prisons and cash bail,’ Harris said. 

She added: ‘We will decriminalize marijuana and we will expunge the records of those who have been convicted of marijuana

.’

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Shares of major cannabis producers surged on Thursday after Democratic vice president nominee Kamala Harris said marijuana would be decriminalized at a federal level in the US. Cannabis stock tracker MJ ETF rose 5.5 per cent to mark its best session since early June

Meanwhile Tilray Inc jumped 19.2 per cent on the Nasdaq (depicted)

Cannabis stock tracker MJ ETF rose 5.5 per cent to mark

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