This Landmark Cannabis Bill is Great News for Marijuana Stocks

This Landmark Cannabis Bill Is Great News for Marijuana Stocks

Flickr / Cannabis Pictures / (CC BY 2.0)

A benchmark cannabis bill that was passed in the Colorado Senate last week by a landslide 35-0 vote looks to put an end to one of the industry’s greatest recreational pot uncertainties.

The bill (HB17-1221), known as the Grey and Black Market Marijuana Enforcement Efforts, will make it illegal for marijuana growing cooperatives to exist in Colorado.

Though a tougher regulatory environment might not seem like a good thing, it’s actually great news for legal businesses and marijuana stocks.

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