'Key House Committee Will Consider Ending Marijuana Testing For Federal Job Applicants And Lifting D.C. Cannabis Sales Ban' - Marijuana Moment
Portfolio Pulse from Benzinga Newsdesk
A key House committee will consider amendments to a large-scale spending bill that would prevent drug testing of certain federal job applicants for marijuana and end the blockade that has kept Washington, D.C. from legalizing cannabis sales. The amendments were filed to Fiscal Year 2024 appropriations legislation covering Financial Services and General Government (FSGG). The GOP-controlled House Rules Committee, which has rejected numerous drug policy reform measures in recent months, will take up the amendments.
October 31, 2023 | 3:00 pm
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The potential end of marijuana testing for federal job applicants and the lifting of the D.C. cannabis sales ban could increase the market for Aurora Cannabis.
If the amendments are passed, it could lead to an increase in the acceptance and use of cannabis, potentially expanding the market for Aurora Cannabis.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Canopy Growth Corporation could see a potential increase in its market with the possible end of marijuana testing for federal job applicants and the lifting of the D.C. cannabis sales ban.
The potential changes in legislation could lead to an increase in the acceptance and use of cannabis, potentially expanding the market for Canopy Growth Corporation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70