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The Latest Breaking News from CAOA

New Poll: Majority Of U.S. Voters Support Federal Marijuana Legalization, But Do Politicians Care?

A majority of U.S. voters support federal marijuana legalization, a new Morning Consult/Politico survey shows.

Benzinga · Oct 6, 2022

Is Federal Cannabis Legalization A Longshot? Senator Hopes For 'Some Key Reforms'

Last month, a long-awaited U.S.

Benzinga · Aug 26, 2022

Sen. Cory Booker Says He's Optimistic About Federal Marijuana Decriminalization After Signaling Possible Compromise

Weeks after the long-awaited marijuana decriminalization Senate bill was presented<

Benzinga · Aug 4, 2022

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Volatility Of Cannabis Stocks: Schumer's Bill Was A 'Hail Mary', But Industry Has Other Catalysts – Experts Explain

This was a very challenging year for pot stocks. Year-to-date, AdvisorShares Pure US Cannabis ETF (ARCA:MSOS) dropped 54.01%, AdvisorShares Pure Cannabis ETF (ARCA:YOLO) declined 57.46%, compared to SPDR S&P 500 (ARCA:SPY) which lost 13.61%.

Benzinga · Aug 1, 2022

What's Going On With Tilray Stock As Cannabis Legalization Bill Reaches Senate?

Tilray Brands, Inc (NASDAQ: TLRY) gapped up about 4.5% higher on Thursday on news that the Cannabis Administration And Opportunity Act (CAOA) has been introduced in the U.S. Senate.

Benzinga · Jul 21, 2022

BREAKING: Schumer, Booker And Wyden Unveil Cannabis Legalization Bill - Here's What's In It

A long-awaited U.S. Senate legislation that would decriminalize and deschedule cannabis on the federal level, while also promoting social equity, has finally been unveiled.

Benzinga · Jul 21, 2022

The AdvisorShares Pure US Cannabis ETF MSOS Reaches All-Time Low After CAOA Delay

The AdvisorShares Pure US Cannabis ETF has reached an all-time low of $17.59 after the delay of Chuck Schumer’s CAOA Act. CAOA is short for Cannabis Administration and Opportunity Act. The ETF was priced ar

Benzinga · Apr 20, 2022

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Three Cannabis Reform Proposals To Watch In 2022

By Laura Chambers, Abaca Cannabis advocates, entrepreneurs, and investors must be resilient, eternal optimists for many reasons – one of them being the annual resurrection of banking reform legislation that passes in the House only to be shot down in the Senate.

Benzinga · Mar 2, 2022

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