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27.07.2021 20:17:00

Why Hexo, Canopy Growth, and Aurora Cannabis Investors Are Scared

"Congress to vote on marijuana, psychedelics and CBD this week," declared marijuana news hub Marijuana Moment yesterday evening -- but the reaction among marijuana investors wasn't at all what you'd expect.As early as today, according to the report, the House of Representatives could begin voting on legislation to remove cannabis from the list of Schedule I substances forbidden for sale, use, or possession by federal law. And yet, in 1:05 p.m. EDT trading Tuesday, shares of Hexo (NYSE: HEXO) are down 4.6% while Canopy Growth (NASDAQ: CGC) and Aurora Cannabis (NASDAQ: ACB) have plummeted 6.8% apiece.Image source: Getty Images.Continue reading
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