From Wikipedia an Aug 28, while federally illegal In the United States, cannabis is legal in 40 of 50 states for medical use (blue and green) and 24 states for recreational use (blue). I have been in and out of cannabis stocks Trulieve $TRNNF and Cresco Labs $CRLBF over the last few years during the boom and bust of these stocks.
Most recently the president has indicated they are looking at reclassifying cannabis from a Schedule 1 to a Schedule 3 controlled substance. This decision could open these companies to banking services as well as uplift to major exchanges. The decision is imminent. As a result the cannabis stocks have been moving higher and I have re-purchased a small position in Trulieve $TCNNF.


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