Shares of major marijuana companies rallied after Attorney General Jeff Sessions resigned Wednesday after months of public criticism from his boss, President Donald Trump.
Source: www.cnbc.com
Following the results of the U.S. midterm elections on Tuesday, November 6th, shares in the cannabis sector skyrocketed. This is likely linked to the sudden resignation of U.S. Attorney General, Jeff Sessions, who had been previously viewed as one of the major obstacles for implementing cannabis legalization into the United States’ policy. Cannabis companies who have received the greatest benefit include Vancouver-based company, Tilray, who saw an increase in Nasdaq-listed shares of almost 30 per cent, Canopy Growth rose 8.1 per cent and Aurora Cannabis showed an increase of 9 per cent.
