September 29, 2024

Cannabis stocks rise as SAFE Banking measure gets potential hearing with Senate committee

 Cannabis stocks rise as SAFE Banking measure gets potential hearing with Senate committee

Stocks won back some losses for the year despite weakness in the broader market as Sen. Sherrod Brown announced plans for a hearing on SAFE Banking bill.

Cannabis stocks moved up sharply on Thursday on remarks by a U.S. senator about a potential committee hearing on the Secure and Fair Enforcement (SAFE) Banking Act.
Sherrod Brown, the Ohio Democrat …