Biden administration takes step to make marijuana use a less serious crime
The U.S. Department of Justice on Tuesday moved to make marijuana use as a less serious crime, a source familiar with the matter said.
If finalized, the policy change could potentially be the biggest shift in federal cannabis policy in 40 years.
Shares of cannabis firms surged following the news. Stocks of pot companies such as Tilray TLRY.O, Trulieve Cannabis Corp TRUL.CD, Green thumb Industries GTII.CD were up over 20% in late afternoon trading.
The Department of Justice...
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