Congress must swiftly approve legislation that would legalize the use of a certain amount of CBD in dietary supplements.
The country is expected to make moves this year to further medical cannabis, but we wouldn't hold our breath on Americans being able to consume it by smoking.
Although more than half the nation has laws on the books that allow people to use marijuana for medicinal use, the federal government isn’t as progressive.
The stock was rising over 3% to lately trade at $85.06 on the news. This further lifts the stock from its 52-week low of $67.98.
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