Why Curaleaf Stock Was a Winner on Wednesday

Investors traded up marijuana stock Curaleaf (OTC: CURLF) cautiously on Wednesday, on a set of news items that were mildly positive for its industry. Curaleaf's share price ticked up by 0.6% as a result, exactly the mirror image of the S 500's (SNPINDEX: ^GSPC) 0.6% decline on the day.

In this country, marijuana legalization is happening on a state-by-state basis, as according to federal law, the drug remains illegal. On Wednesday, one state took a key step in expanding its pot regime.

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