Is Cannabis Prohibition Coming To An End?

Federal cannabis prohibition might finally come to an end and we have U.S. Senator Ron Wyden and House Rep. Jared Polis to thank. The two introduced legislation that will allow states to choose whether they want to legalize. The hope is to regulate and tax cannabis similar to alcohol. The bill would also include a federal excise tax to be placed on cannabis products. Then, on a more criminal justice level, the bills would also eliminate the many punishments associated with federal cannabis convictions. When discussing the bill, House Rep. Earl Blumenauer said, “... too many people are trapped between federal and state laws… It’s not right, and it’s not fair. We need change now—and this bill is the way to do it.”


Though it can be hard to follow the the roller coaster ride that is keeping up with the cannabis stock market, Thomas George of Grizzle breaks it down for us simply and clearly. In the latest episode of All Time Highs, we get the lowdown on Aurora, one of the most expensive cannabis stocks, an update on Canopy's earnings, and intel on Aphria's past fraud allegations. Now in the clear, it may only be a matter of time before Aphria catches up.

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