Cannabis stocks outperformed the S&P 500 this week. Over the last five trading days:

The ETFMG Alternative Harvest ETF (NYSE:MJ): gained 2.5% The AdvisorShares Pure Cannabis ETF (NYSE:YOLO): was up 2.6% The Cannabis ETF (NYSE:THCX): advanced 2.7% The Amplify Seymour Cannabis ETF (NYSE:CNBS): rose 4.2% The SPDR S&P 500 ETF Trust (NYSE:SPY) was down 0.35%. Mexico

The Senate approved a landmark cannabis legalization bill in a landslide vote. Mexican Senate Committees voted on Wednesday and the measure went to the chamber for a vote on Thursday. Per Reuters, the initiative needs to pass another obstacle — the lower house of Congress. Legalization has a deadline set to Dec. 15. The bill will enable people 18 years and older to legally buy and own up to 28 grams of

Read More At Article Source | Article Attribution