Cronos Group shares are trading higher. Cannabis stocks are gaining after Senate Majority Leader Schumer reportedly said he is confident the marijuana banking bill will pass.
Portfolio Pulse from Benzinga Newsdesk
Cronos Group shares are trading higher as cannabis stocks gain following Senate Majority Leader Schumer's reported confidence in the marijuana banking bill passing.
June 21, 2023 | 7:37 pm
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POSITIVE IMPACT
Cronos Group shares are trading higher due to Senate Majority Leader Schumer's confidence in the marijuana banking bill passing.
Cronos Group shares are directly impacted by the news of Senate Majority Leader Schumer's confidence in the marijuana banking bill passing. This news is positive for the cannabis industry, and as a result, Cronos Group's stock price is likely to go up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100