Why U.S. Cannabis Companies Are Raising Tons of Money Right Now

Billy Duberstein, The Motley Fool
·4 min read
Why U.S. Cannabis Companies Are Raising Tons of Money Right Now

Importantly, it will also mean Democrats will lead key committees in the Senate. With several cannabis-related deregulation bills having previously passed the House but stalled in the Senate, cannabis executives and investors had thought there might be some movement on deregulation in the new Congress, but most had thought it would be slow and deliberate, and would stop short of full legalization. Investors can see that in the actions of several prominent U.S. multi-state operators (MSOs), each of which is now scrambling to raise money to accelerate their growth.