'North Carolina Senate Approves Medical Marijuana Regulatory Appointment As House Leader Says 'Heavy-Handed' Tactics Not Helping Legalization's Fate' - Marijuana Moment
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North Carolina Senator Bill Rabon is pushing for his medical marijuana legalization bill to pass this session, despite resistance from GOP leadership in the House. Rabon has included medical cannabis regulatory appointments in a new measure that passed the Senate last week. The bill would allow patients with qualifying conditions to possess and purchase cannabis from licensed dispensaries. It would also establish a Compassionate Use Advisory Board and Medical Cannabis Production Commission to oversee the program. However, the fate of the main bill remains uncertain.

July 03, 2023 | 2:43 pm
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The potential legalization of medical marijuana in North Carolina could provide a new market for Aurora Cannabis.
If the bill passes, it could open up a new market for Aurora Cannabis and other cannabis companies. This could potentially increase their revenues and positively impact their stock prices.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The potential legalization of medical marijuana in North Carolina could provide a new market for Canopy Growth Corporation.
If the bill passes, it could open up a new market for Canopy Growth Corporation and other cannabis companies. This could potentially increase their revenues and positively impact their stock prices.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The potential legalization of medical marijuana in North Carolina could provide a new market for Cronos Group.
If the bill passes, it could open up a new market for Cronos Group and other cannabis companies. This could potentially increase their revenues and positively impact their stock prices.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The potential legalization of medical marijuana in North Carolina could provide a new market for Tilray.
If the bill passes, it could open up a new market for Tilray and other cannabis companies. This could potentially increase their revenues and positively impact their stock prices.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70