How Biden’s Win Could Be Good News For The Cannabis Industry

Election day is always a big deal. This election day, in particular, brought with it more stress than usual, and the election “day” alone lasted a bit longer with plenty of drama. With all this turbulence that marked the entire year, it’s no surprise that more and more voters are supporting cannabis legalization, as more and more states are legalizing and decriminalizing cannabis use. Moreover, cannabis legalization is going beyond democratic states. South Dakota, Montana, and Mississippi, which are traditionally conservative states, are also boarding the train.

Aurora Cannabis

The US election had a significant impact on cannabis companies as well as the overall market. Aurora Cannabis Inc (NYSE: ACB) went up 135% in just a couple of days after Election day. This came as much-needed relief to its shareholders, as the stock was dropping since the beginning of the year. Unlike its competitors, Aurora is struggling to expand internationally despite the potential of medical…

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