Pot firms up after Florida Supreme Court allows vote on recreational marijuana legalization

SNDL

02/04/2024 11:24

** Shares of cannabis firms rise premarket after the Florida
Supreme Court gives its approval in an initiative to legalize
recreational marijuana and make it appear on ballot in November 
    ** The initiative named "Smart & Safe Florida" is aimed to
allow adults 21 years or older to possess, purchase, or use
marijuana products and marijuana accessories for non-medical
personal consumption and allows licensed shops to make and sell
these products  
    ** Shares of SNDL  SNDL.O  and Tilray Brands  TLRY.O  rise
1.5% and 2.9%, respectively 
    ** U.S.-listed shares of Aurora Cannabis  ACB.O  and Canopy
Growth  CGC.O  each up ~6%        

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))