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Podcast: The John Johnston Lounge
Episode: What the Start of Bidenβs Fed Cannabis Legalization Means for Cannabis Stocks
Description: 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 news01:23 Biden's important cannabis policy announcement 03:42 Rescheduling cannabis, not federal decriminalization, yet04:24 No need to wait for SAFE Banking?05:34 US cannabis companies uplisting...