Cannabis stocks will languish until Washington makes progress on pot reform, WSJheard explains WSJWhatsNow
Black people comprise only a small percentage of those profiting from the burgeoning legalized pot market, according to state data. Public initiatives and private funds, like one started by Jay-Z, aim to boost minority participation. Photo: Rob Alcaraz/The Wall Street JournalMany pot smokers will light up Wednesday to celebrate 4/20, the unofficial annual cannabis holiday. But itas progress on federal reform stalls once again.
Last week, Senate Majority Leader Chuck Schumer said his cannabis bill will be introduced in August, four months later than planned. It is a sign that the proposal, which would end cannabis prohibition in the U.S.,
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