U.S. Cannabis Stocks Rise on Effort to Allow Bank Financing

U.S. cannabis stocks like Cresco Labs  (CRLBF) , Curaleaf  (CURLF) , Green Thumb Industries  (GTBIF) and Trulieve Cannabis  (TCNNF) - Get Trulieve Cannabis Corp. Report were rising Thursday following a Congressional vote on a cannabis banking measure.The SAFE Banking Act  was adopted by a voice vote in the U.S. House Thursday as a part of this year's defense budget bill.

While it still must be passed by the full House of Representatives to be added to the National Defense Authorization Act for Fiscal Year 2022, the approval allows for it to be included in the final measure.