Democratic Memo on Cannabis Legalization is Positive - Cowen
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Price: $0.71 -4.05%
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Today's Overall Ratings:
Up: 12 | Down: 22 | New: 41
Rating Summary:
1 Buy, 5 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 22 | New: 41
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Cowen's Jaret Seiberg weighed in on Rep. Earl Blumenauer (D) memo outlining a legislative approach to enacting bills to legalize cannabis.
"We see the existence of this memorandum as supporting of our view that the next Congress is likely to pass cannabis-related legislation, including a measure that would permit banks to service cannabis companies," Seiberg commented.
The memo can be viewed here.
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