Marijuana to be decriminalized? House reintroduces bill; what investors need to know - Luis Merchan
The Marijuana Opportunity Reinvestment and Expungement Act of 2021, or MORE Act, was recently reintroduced by House Judiciary Committee Chairman Jerry Nadler, D-N.Y.
The Act aims to decriminalize marijuana usage on a federal level, as well as remove cannabis from the list of controlled substances.
Luis Merchan, CEO of Flora Growth (NASDAQ: FLGC), discusses with David Lin, anchor for Kitco News, the impact on the cannabis industry should this bill pass.