Pot stocks trade within narrow range ahead of U.S. midterm election result

Leafly Holdings

08/11/2022 14:09

** Shares of cannabis growers and sellers traded in a narrow
range as Americans cast their vote in the midterm elections that
will determine whether the Democrats will lose control of
Congress 
    ** Shares of Tilray Brands Inc  TLRY.O  down 0.8% and SNDL
Inc  SNDL.O  off 0.9%
    ** Cronos  CRON.O  up 0.7%, while Leafly Holding Inc
 LFLY.O  adds 1.7%  
    ** Cannabis stocks tend to move on regulatory headlines,
including prospects for legalization efforts; Odds of friendlier
cannabis legislation increase with a Democratic majority
    ** Republicans favored by polls and betting markets to win
control of the House of Representatives and possibly the Senate
- resulting in possible split government
 (Reporting by Shreyashi Sanyal)
 ((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780; +91 961
144 3740; Twitter: https://twitter.com/s_shreyashi;))