Why Marijuana Stocks Dropped on Thursday

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Why Marijuana Stocks Dropped on Thursday

Motley Fool2022-04-08

What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...

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Comment（9）

Bhabani
·2022-04-09
It's dropping for last 2 weeks.
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TaiJin
·2022-04-08
[Miser]
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1
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Eatmi
·2022-04-08
Thanks for your info, Let me know more about this stock. 👍
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Kai kung
·2022-04-08
420 soon. Stock should be up. Happy time soon
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Steventeo
·2022-04-08
Gogogo
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2
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Ahsiang
·2022-04-08
Jialat
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LuckyPiggie
·2022-04-08
Give the senator some Marijuana [Grin]
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5
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CarlRN
·2022-04-08
Opportunity
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2
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ajc
·2022-04-08
[serious] [Thinking]
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNDL","symbol_name":"SNDL Inc.","start_time":0,"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","article_id":"2225512178","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2225512178","pubTimestamp":1649383493,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The House passed the MORE Act -- but marijuana is still far from legal.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNDL":"SNDL Inc.","TLRY":"Tilray Inc.","CGC":"Canopy Growth Corporation","ACB":"奥罗拉大麻公司"},"translate_title":"周四大麻库存为何下降","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CGC":0.9,"SNDL":0.9,"TLRY":0.9,"ACB":0.82},"content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. 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Today marks the third straight day of selling. Here&#39;s how things stand as of closing:</p><ul><li>Tilray shares is leading the whole sector lower with a 10.6% loss.</li></ul><ul><li>Sundial Growers stock is down 7.6%.</li><li>Aurora Cannabis shares have lost 6.4%.</li><li>Canopy Growth stock fell 6.4% </li></ul><p><img src=\"https://static.tigerbbs.com/7db316aab3cb8992c5b5bc6f659d0f1d\" tg-width=\"416\" tg-height=\"479\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>What&#39;s got marijuana investors so bummed out today? In a word: The U.S. Senate.</p><p>The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:</p><ul><li>An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.</li><li>A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.</li></ul><p>That being said, passage still isn&#39;t certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration &amp; Opportunity Act (CAOA -- the Senate&#39;s version of the House&#39;s MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.</p><p>But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill &#34;toward <i>the end of</i> April&#34; (emphasis added).</p><h2>Now what</h2><p>Again, even assuming this target date gets met, legalization won&#39;t happen immediately thereafter. First, the CAOA must run through Senate committees as it&#39;s prepared for a vote. Then the vote must happen (and 60 &#34;yea&#34; votes will be needed to overcome a filibuster; Senate passage isn&#39;t certain).</p><p>Even <i>then</i>, the process isn&#39;t ended, because while the CAOA resembles the MORE Act in some respects, it&#39;s not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And <i>then </i>that bill will still need to win the President&#39;s approval. And the president may oppose legalization!</p><p>Long story short, last week marked a victory for advocates of legalizing marijuana, but there&#39;s still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Marijuana Stocks Dropped on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CGC":"Canopy Growth Corporation","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225512178","content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9015009577,"gmtCreate":1649385955648,"gmtModify":1676534503887,"author":{"id":"3585363622677550","authorId":"3585363622677550","name":"TaiJin","avatar":"https://static.tigerbbs.com/24d2d840485600ee9789f516e956a70f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015009577","repostId":2225512178,"repostType":4,"repost":{"id":"2225512178","pubTimestamp":1649383493,"share":"https://www.laohu8.com/m/news/2225512178?lang=&edition=full","pubTime":"2022-04-08 10:04","market":"us","language":"en","title":"Why Marijuana Stocks Dropped on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2225512178","media":"Motley Fool","summary":"The House passed the MORE Act -- but marijuana is still far from legal.","content":"<html><head></head><body><h2>What happened</h2><p>Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.</p><p>Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of <b>Sundial Growers</b>,<b> Aurora Cannabis</b>, and <b>Canopy Growth</b> have all headed in just one direction -- down. Today marks the third straight day of selling. Here&#39;s how things stand as of closing:</p><ul><li>Tilray shares is leading the whole sector lower with a 10.6% loss.</li></ul><ul><li>Sundial Growers stock is down 7.6%.</li><li>Aurora Cannabis shares have lost 6.4%.</li><li>Canopy Growth stock fell 6.4% </li></ul><p><img src=\"https://static.tigerbbs.com/7db316aab3cb8992c5b5bc6f659d0f1d\" tg-width=\"416\" tg-height=\"479\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>What&#39;s got marijuana investors so bummed out today? In a word: The U.S. Senate.</p><p>The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:</p><ul><li>An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.</li><li>A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.</li></ul><p>That being said, passage still isn&#39;t certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration &amp; Opportunity Act (CAOA -- the Senate&#39;s version of the House&#39;s MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.</p><p>But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill &#34;toward <i>the end of</i> April&#34; (emphasis added).</p><h2>Now what</h2><p>Again, even assuming this target date gets met, legalization won&#39;t happen immediately thereafter. First, the CAOA must run through Senate committees as it&#39;s prepared for a vote. Then the vote must happen (and 60 &#34;yea&#34; votes will be needed to overcome a filibuster; Senate passage isn&#39;t certain).</p><p>Even <i>then</i>, the process isn&#39;t ended, because while the CAOA resembles the MORE Act in some respects, it&#39;s not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And <i>then </i>that bill will still need to win the President&#39;s approval. And the president may oppose legalization!</p><p>Long story short, last week marked a victory for advocates of legalizing marijuana, but there&#39;s still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Marijuana Stocks Dropped on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CGC":"Canopy Growth Corporation","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225512178","content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9012777484,"gmtCreate":1649385708049,"gmtModify":1676534503838,"author":{"id":"3586650352963687","authorId":"3586650352963687","name":"Eatmi","avatar":"https://community-static.tradeup.com/news/050263124eaf7452d1faa87abe88f725","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Thanks for your info,&nbsp;Let me know more about this stock. 👍","listText":"Thanks for your info,&nbsp;Let me know more about this stock. 👍","text":"Thanks for your info, Let me know more about this stock. 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012777484","repostId":2225512178,"repostType":4,"repost":{"id":"2225512178","pubTimestamp":1649383493,"share":"https://www.laohu8.com/m/news/2225512178?lang=&edition=full","pubTime":"2022-04-08 10:04","market":"us","language":"en","title":"Why Marijuana Stocks Dropped on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2225512178","media":"Motley Fool","summary":"The House passed the MORE Act -- but marijuana is still far from legal.","content":"<html><head></head><body><h2>What happened</h2><p>Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.</p><p>Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of <b>Sundial Growers</b>,<b> Aurora Cannabis</b>, and <b>Canopy Growth</b> have all headed in just one direction -- down. Today marks the third straight day of selling. Here&#39;s how things stand as of closing:</p><ul><li>Tilray shares is leading the whole sector lower with a 10.6% loss.</li></ul><ul><li>Sundial Growers stock is down 7.6%.</li><li>Aurora Cannabis shares have lost 6.4%.</li><li>Canopy Growth stock fell 6.4% </li></ul><p><img src=\"https://static.tigerbbs.com/7db316aab3cb8992c5b5bc6f659d0f1d\" tg-width=\"416\" tg-height=\"479\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>What&#39;s got marijuana investors so bummed out today? In a word: The U.S. Senate.</p><p>The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:</p><ul><li>An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.</li><li>A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.</li></ul><p>That being said, passage still isn&#39;t certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration &amp; Opportunity Act (CAOA -- the Senate&#39;s version of the House&#39;s MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.</p><p>But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill &#34;toward <i>the end of</i> April&#34; (emphasis added).</p><h2>Now what</h2><p>Again, even assuming this target date gets met, legalization won&#39;t happen immediately thereafter. First, the CAOA must run through Senate committees as it&#39;s prepared for a vote. Then the vote must happen (and 60 &#34;yea&#34; votes will be needed to overcome a filibuster; Senate passage isn&#39;t certain).</p><p>Even <i>then</i>, the process isn&#39;t ended, because while the CAOA resembles the MORE Act in some respects, it&#39;s not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And <i>then </i>that bill will still need to win the President&#39;s approval. And the president may oppose legalization!</p><p>Long story short, last week marked a victory for advocates of legalizing marijuana, but there&#39;s still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Marijuana Stocks Dropped on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CGC":"Canopy Growth Corporation","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225512178","content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9012774962,"gmtCreate":1649385482326,"gmtModify":1676534503800,"author":{"id":"3573677387704308","authorId":"3573677387704308","name":"Kai kung","avatar":"https://community-static.tradeup.com/news/0138922ede4ba743c32dcf3ff94803ff","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"420 soon. Stock should be up. Happy time soon&nbsp;","listText":"420 soon. Stock should be up. Happy time soon&nbsp;","text":"420 soon. Stock should be up. Happy time soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012774962","repostId":2225512178,"repostType":4,"repost":{"id":"2225512178","pubTimestamp":1649383493,"share":"https://www.laohu8.com/m/news/2225512178?lang=&edition=full","pubTime":"2022-04-08 10:04","market":"us","language":"en","title":"Why Marijuana Stocks Dropped on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2225512178","media":"Motley Fool","summary":"The House passed the MORE Act -- but marijuana is still far from legal.","content":"<html><head></head><body><h2>What happened</h2><p>Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.</p><p>Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of <b>Sundial Growers</b>,<b> Aurora Cannabis</b>, and <b>Canopy Growth</b> have all headed in just one direction -- down. Today marks the third straight day of selling. Here&#39;s how things stand as of closing:</p><ul><li>Tilray shares is leading the whole sector lower with a 10.6% loss.</li></ul><ul><li>Sundial Growers stock is down 7.6%.</li><li>Aurora Cannabis shares have lost 6.4%.</li><li>Canopy Growth stock fell 6.4% </li></ul><p><img src=\"https://static.tigerbbs.com/7db316aab3cb8992c5b5bc6f659d0f1d\" tg-width=\"416\" tg-height=\"479\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>What&#39;s got marijuana investors so bummed out today? In a word: The U.S. Senate.</p><p>The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:</p><ul><li>An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.</li><li>A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.</li></ul><p>That being said, passage still isn&#39;t certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration &amp; Opportunity Act (CAOA -- the Senate&#39;s version of the House&#39;s MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.</p><p>But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill &#34;toward <i>the end of</i> April&#34; (emphasis added).</p><h2>Now what</h2><p>Again, even assuming this target date gets met, legalization won&#39;t happen immediately thereafter. First, the CAOA must run through Senate committees as it&#39;s prepared for a vote. Then the vote must happen (and 60 &#34;yea&#34; votes will be needed to overcome a filibuster; Senate passage isn&#39;t certain).</p><p>Even <i>then</i>, the process isn&#39;t ended, because while the CAOA resembles the MORE Act in some respects, it&#39;s not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And <i>then </i>that bill will still need to win the President&#39;s approval. And the president may oppose legalization!</p><p>Long story short, last week marked a victory for advocates of legalizing marijuana, but there&#39;s still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Marijuana Stocks Dropped on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CGC":"Canopy Growth Corporation","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225512178","content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9012775474,"gmtCreate":1649385457903,"gmtModify":1676534503793,"author":{"id":"3581466055330001","authorId":"3581466055330001","name":"Steventeo","avatar":"https://static.tigerbbs.com/f579b5cba569decf00183de8a6a2ab3e","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012775474","repostId":2225512178,"repostType":4,"repost":{"id":"2225512178","pubTimestamp":1649383493,"share":"https://www.laohu8.com/m/news/2225512178?lang=&edition=full","pubTime":"2022-04-08 10:04","market":"us","language":"en","title":"Why Marijuana Stocks Dropped on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2225512178","media":"Motley Fool","summary":"The House passed the MORE Act -- but marijuana is still far from legal.","content":"<html><head></head><body><h2>What happened</h2><p>Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.</p><p>Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of <b>Sundial Growers</b>,<b> Aurora Cannabis</b>, and <b>Canopy Growth</b> have all headed in just one direction -- down. Today marks the third straight day of selling. Here&#39;s how things stand as of closing:</p><ul><li>Tilray shares is leading the whole sector lower with a 10.6% loss.</li></ul><ul><li>Sundial Growers stock is down 7.6%.</li><li>Aurora Cannabis shares have lost 6.4%.</li><li>Canopy Growth stock fell 6.4% </li></ul><p><img src=\"https://static.tigerbbs.com/7db316aab3cb8992c5b5bc6f659d0f1d\" tg-width=\"416\" tg-height=\"479\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>What&#39;s got marijuana investors so bummed out today? In a word: The U.S. Senate.</p><p>The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:</p><ul><li>An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.</li><li>A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.</li></ul><p>That being said, passage still isn&#39;t certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration &amp; Opportunity Act (CAOA -- the Senate&#39;s version of the House&#39;s MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.</p><p>But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill &#34;toward <i>the end of</i> April&#34; (emphasis added).</p><h2>Now what</h2><p>Again, even assuming this target date gets met, legalization won&#39;t happen immediately thereafter. First, the CAOA must run through Senate committees as it&#39;s prepared for a vote. Then the vote must happen (and 60 &#34;yea&#34; votes will be needed to overcome a filibuster; Senate passage isn&#39;t certain).</p><p>Even <i>then</i>, the process isn&#39;t ended, because while the CAOA resembles the MORE Act in some respects, it&#39;s not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And <i>then </i>that bill will still need to win the President&#39;s approval. And the president may oppose legalization!</p><p>Long story short, last week marked a victory for advocates of legalizing marijuana, but there&#39;s still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Marijuana Stocks Dropped on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CGC":"Canopy Growth Corporation","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225512178","content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9012771347,"gmtCreate":1649384822835,"gmtModify":1676534503530,"author":{"id":"3582617881962608","authorId":"3582617881962608","name":"Ahsiang","avatar":"https://static.tigerbbs.com/310f96e7696af85ae33ece774a483d15","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Jialat&nbsp;","listText":"Jialat&nbsp;","text":"Jialat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012771347","repostId":2225512178,"repostType":4,"repost":{"id":"2225512178","pubTimestamp":1649383493,"share":"https://www.laohu8.com/m/news/2225512178?lang=&edition=full","pubTime":"2022-04-08 10:04","market":"us","language":"en","title":"Why Marijuana Stocks Dropped on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2225512178","media":"Motley Fool","summary":"The House passed the MORE Act -- but marijuana is still far from legal.","content":"<html><head></head><body><h2>What happened</h2><p>Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.</p><p>Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of <b>Sundial Growers</b>,<b> Aurora Cannabis</b>, and <b>Canopy Growth</b> have all headed in just one direction -- down. Today marks the third straight day of selling. Here&#39;s how things stand as of closing:</p><ul><li>Tilray shares is leading the whole sector lower with a 10.6% loss.</li></ul><ul><li>Sundial Growers stock is down 7.6%.</li><li>Aurora Cannabis shares have lost 6.4%.</li><li>Canopy Growth stock fell 6.4% </li></ul><p><img src=\"https://static.tigerbbs.com/7db316aab3cb8992c5b5bc6f659d0f1d\" tg-width=\"416\" tg-height=\"479\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>What&#39;s got marijuana investors so bummed out today? In a word: The U.S. Senate.</p><p>The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:</p><ul><li>An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.</li><li>A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.</li></ul><p>That being said, passage still isn&#39;t certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration &amp; Opportunity Act (CAOA -- the Senate&#39;s version of the House&#39;s MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.</p><p>But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill &#34;toward <i>the end of</i> April&#34; (emphasis added).</p><h2>Now what</h2><p>Again, even assuming this target date gets met, legalization won&#39;t happen immediately thereafter. First, the CAOA must run through Senate committees as it&#39;s prepared for a vote. Then the vote must happen (and 60 &#34;yea&#34; votes will be needed to overcome a filibuster; Senate passage isn&#39;t certain).</p><p>Even <i>then</i>, the process isn&#39;t ended, because while the CAOA resembles the MORE Act in some respects, it&#39;s not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And <i>then </i>that bill will still need to win the President&#39;s approval. And the president may oppose legalization!</p><p>Long story short, last week marked a victory for advocates of legalizing marijuana, but there&#39;s still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Marijuana Stocks Dropped on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CGC":"Canopy Growth Corporation","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225512178","content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9012773374,"gmtCreate":1649384759808,"gmtModify":1676534503535,"author":{"id":"4107063207857540","authorId":"4107063207857540","name":"LuckyPiggie","avatar":"https://community-static.tradeup.com/news/33330ac1fe6d6c956e10045c870d6f46","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Give the senator some Marijuana&nbsp;[Grin]&nbsp;","listText":"Give the senator some Marijuana&nbsp;[Grin]&nbsp;","text":"Give the senator some Marijuana [Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012773374","repostId":2225512178,"repostType":4,"repost":{"id":"2225512178","pubTimestamp":1649383493,"share":"https://www.laohu8.com/m/news/2225512178?lang=&edition=full","pubTime":"2022-04-08 10:04","market":"us","language":"en","title":"Why Marijuana Stocks Dropped on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2225512178","media":"Motley Fool","summary":"The House passed the MORE Act -- but marijuana is still far from legal.","content":"<html><head></head><body><h2>What happened</h2><p>Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.</p><p>Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of <b>Sundial Growers</b>,<b> Aurora Cannabis</b>, and <b>Canopy Growth</b> have all headed in just one direction -- down. Today marks the third straight day of selling. Here&#39;s how things stand as of closing:</p><ul><li>Tilray shares is leading the whole sector lower with a 10.6% loss.</li></ul><ul><li>Sundial Growers stock is down 7.6%.</li><li>Aurora Cannabis shares have lost 6.4%.</li><li>Canopy Growth stock fell 6.4% </li></ul><p><img src=\"https://static.tigerbbs.com/7db316aab3cb8992c5b5bc6f659d0f1d\" tg-width=\"416\" tg-height=\"479\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>What&#39;s got marijuana investors so bummed out today? In a word: The U.S. Senate.</p><p>The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:</p><ul><li>An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.</li><li>A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.</li></ul><p>That being said, passage still isn&#39;t certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration &amp; Opportunity Act (CAOA -- the Senate&#39;s version of the House&#39;s MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.</p><p>But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill &#34;toward <i>the end of</i> April&#34; (emphasis added).</p><h2>Now what</h2><p>Again, even assuming this target date gets met, legalization won&#39;t happen immediately thereafter. First, the CAOA must run through Senate committees as it&#39;s prepared for a vote. Then the vote must happen (and 60 &#34;yea&#34; votes will be needed to overcome a filibuster; Senate passage isn&#39;t certain).</p><p>Even <i>then</i>, the process isn&#39;t ended, because while the CAOA resembles the MORE Act in some respects, it&#39;s not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And <i>then </i>that bill will still need to win the President&#39;s approval. And the president may oppose legalization!</p><p>Long story short, last week marked a victory for advocates of legalizing marijuana, but there&#39;s still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Marijuana Stocks Dropped on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CGC":"Canopy Growth Corporation","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225512178","content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9012770133,"gmtCreate":1649384542709,"gmtModify":1676534503483,"author":{"id":"3575095071240565","authorId":"3575095071240565","name":"CarlRN","avatar":"https://static.tigerbbs.com/b3223aa722e2ac0f27c25d0309558dad","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Opportunity&nbsp;","listText":"Opportunity&nbsp;","text":"Opportunity","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012770133","repostId":2225512178,"repostType":4,"repost":{"id":"2225512178","pubTimestamp":1649383493,"share":"https://www.laohu8.com/m/news/2225512178?lang=&edition=full","pubTime":"2022-04-08 10:04","market":"us","language":"en","title":"Why Marijuana Stocks Dropped on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2225512178","media":"Motley Fool","summary":"The House passed the MORE Act -- but marijuana is still far from legal.","content":"<html><head></head><body><h2>What happened</h2><p>Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.</p><p>Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of <b>Sundial Growers</b>,<b> Aurora Cannabis</b>, and <b>Canopy Growth</b> have all headed in just one direction -- down. Today marks the third straight day of selling. Here&#39;s how things stand as of closing:</p><ul><li>Tilray shares is leading the whole sector lower with a 10.6% loss.</li></ul><ul><li>Sundial Growers stock is down 7.6%.</li><li>Aurora Cannabis shares have lost 6.4%.</li><li>Canopy Growth stock fell 6.4% </li></ul><p><img src=\"https://static.tigerbbs.com/7db316aab3cb8992c5b5bc6f659d0f1d\" tg-width=\"416\" tg-height=\"479\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>What&#39;s got marijuana investors so bummed out today? In a word: The U.S. Senate.</p><p>The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:</p><ul><li>An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.</li><li>A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.</li></ul><p>That being said, passage still isn&#39;t certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration &amp; Opportunity Act (CAOA -- the Senate&#39;s version of the House&#39;s MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.</p><p>But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill &#34;toward <i>the end of</i> April&#34; (emphasis added).</p><h2>Now what</h2><p>Again, even assuming this target date gets met, legalization won&#39;t happen immediately thereafter. First, the CAOA must run through Senate committees as it&#39;s prepared for a vote. Then the vote must happen (and 60 &#34;yea&#34; votes will be needed to overcome a filibuster; Senate passage isn&#39;t certain).</p><p>Even <i>then</i>, the process isn&#39;t ended, because while the CAOA resembles the MORE Act in some respects, it&#39;s not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And <i>then </i>that bill will still need to win the President&#39;s approval. And the president may oppose legalization!</p><p>Long story short, last week marked a victory for advocates of legalizing marijuana, but there&#39;s still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Marijuana Stocks Dropped on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CGC":"Canopy Growth Corporation","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225512178","content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9012746018,"gmtCreate":1649383935527,"gmtModify":1676534503395,"author":{"id":"4107681886994100","authorId":"4107681886994100","name":"ajc","avatar":"https://community-static.tradeup.com/news/b4e6e9826743b225c0b2f35034c47c1f","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"[serious]&nbsp;[Thinking]&nbsp;","listText":"[serious]&nbsp;[Thinking]&nbsp;","text":"[serious] [Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012746018","repostId":2225512178,"repostType":4,"repost":{"id":"2225512178","pubTimestamp":1649383493,"share":"https://www.laohu8.com/m/news/2225512178?lang=&edition=full","pubTime":"2022-04-08 10:04","market":"us","language":"en","title":"Why Marijuana Stocks Dropped on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2225512178","media":"Motley Fool","summary":"The House passed the MORE Act -- but marijuana is still far from legal.","content":"<html><head></head><body><h2>What happened</h2><p>Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.</p><p>Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of <b>Sundial Growers</b>,<b> Aurora Cannabis</b>, and <b>Canopy Growth</b> have all headed in just one direction -- down. Today marks the third straight day of selling. Here&#39;s how things stand as of closing:</p><ul><li>Tilray shares is leading the whole sector lower with a 10.6% loss.</li></ul><ul><li>Sundial Growers stock is down 7.6%.</li><li>Aurora Cannabis shares have lost 6.4%.</li><li>Canopy Growth stock fell 6.4% </li></ul><p><img src=\"https://static.tigerbbs.com/7db316aab3cb8992c5b5bc6f659d0f1d\" tg-width=\"416\" tg-height=\"479\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>What&#39;s got marijuana investors so bummed out today? In a word: The U.S. Senate.</p><p>The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:</p><ul><li>An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.</li><li>A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.</li></ul><p>That being said, passage still isn&#39;t certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration &amp; Opportunity Act (CAOA -- the Senate&#39;s version of the House&#39;s MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.</p><p>But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill &#34;toward <i>the end of</i> April&#34; (emphasis added).</p><h2>Now what</h2><p>Again, even assuming this target date gets met, legalization won&#39;t happen immediately thereafter. First, the CAOA must run through Senate committees as it&#39;s prepared for a vote. Then the vote must happen (and 60 &#34;yea&#34; votes will be needed to overcome a filibuster; Senate passage isn&#39;t certain).</p><p>Even <i>then</i>, the process isn&#39;t ended, because while the CAOA resembles the MORE Act in some respects, it&#39;s not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And <i>then </i>that bill will still need to win the President&#39;s approval. And the president may oppose legalization!</p><p>Long story short, last week marked a victory for advocates of legalizing marijuana, but there&#39;s still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Marijuana Stocks Dropped on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Marijuana Stocks Dropped on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CGC":"Canopy Growth Corporation","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/investing/2022/04/07/why-marijuana-stocks-dropped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225512178","content_text":"What happenedLess than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open.Since the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act was passed, shares of Sundial Growers, Aurora Cannabis, and Canopy Growth have all headed in just one direction -- down. Today marks the third straight day of selling. Here's how things stand as of closing:Tilray shares is leading the whole sector lower with a 10.6% loss.Sundial Growers stock is down 7.6%.Aurora Cannabis shares have lost 6.4%.Canopy Growth stock fell 6.4% So whatWhat's got marijuana investors so bummed out today? In a word: The U.S. Senate.The U.S. House may have passed the MORE Act, you see, but it did that in 2020 as well -- only to see the bill die in the Senate. This time around, chances for Senate passage of a cannabis reform bill look somewhat brighter due to:An election year where a new Pew poll shows 60% of voters favoring outright legalization of cannabis, and 91% favoring at least legalizing medicinal marijuana.A year of budget deficits, where the latest data shows that marijuana taxes pumped up state budgets to the tune of $3.7 billion in extra tax revenue last year.That being said, passage still isn't certain. And even if legalization does happen, investors may still be upset at the speed at which legalization is (not yet) moving. As MarijuanaMoment.net points out today, Senate Majority Leader Chuck Schumer originally promised to introduce the Cannabis Administration & Opportunity Act (CAOA -- the Senate's version of the House's MORE Act) in April -- and that may have led investors to hope for quick passage of a Senate bill to match the bill passed in the House.But in his latest statement on the matter, Schumer clarified that he actually wants to introduce the bill \"toward the end of April\" (emphasis added).Now whatAgain, even assuming this target date gets met, legalization won't happen immediately thereafter. First, the CAOA must run through Senate committees as it's prepared for a vote. Then the vote must happen (and 60 \"yea\" votes will be needed to overcome a filibuster; Senate passage isn't certain).Even then, the process isn't ended, because while the CAOA resembles the MORE Act in some respects, it's not a direct copy, and the Senate and House will need to reconcile their two passed bills into a single, final bill legalizing marijuana to send to the president. And then that bill will still need to win the President's approval. And the president may oppose legalization!Long story short, last week marked a victory for advocates of legalizing marijuana, but there's still a long road ahead before marijuana investors reach the (presumed) bonanza of sales growth that legalization will bring. As investors begin to realize how far off full legalization may remain, the initial euphoria over House passage appears to be wearing off today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":90,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}