Tilray (NASDAQ:TLRY), Canopy Growth (NASDAQ:CGC) and other cannabis stocks have been in the news lately. That’s mostly as Congress continues its push toward decriminalizing cannabis in the U.S. For Tilray specifically, the stock will be in even more focus this week as its set to report its third-quarter earnings on April 6.
The industry hopes to gain more momentum following last Friday’s news of the House passing the MORE Act. While this is the second time the bill has passed through the House, it will be sent to the Senate in hopes of taking cannabis off of the federally controlled substance list and will leave legalization up to each state.
The post Tilray Stock Alert: Earnings in Focus as Congress Works on Cannabis Bill originally appeared at InvestorPlace.