Cannabis News

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.

0:00 – MORE Act
4:11 – Cannabis business models
8:40 – Legalizing cannabis and impact on industry
10:06 – Flora Growth
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