Why Aurora Cannabis, Canopy Growth, and Sundial Growers Are Rolling Higher Today
Most of Canada's top cannabis stocks are off to a strong start this week. For example, as of 11:29 a.m. ET Monday morning, Aurora Cannabis (NASDAQ: ACB) shares were up by a heady 8%; Canopy Growth's (NASDAQ: CGC) stock price was higher by 10.9%; and Sundial Growers' (NASDAQ: SNDL) equity was popping by a respectable 3%.
What's lighting a fire underneath these beaten-down cannabis equities today? Investors appear to be bidding up Aurora, Canopy, and Sundial Growers' stock prices this morning on a possible Senate vote on the Cannabis Administration and Opportunity Act (CAOA) that would essentially legalize marijuana at the federal level inside the United States.
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Source Fool.com
