Why Curaleaf Holdings Stock Topped the Market Today
Several encouraging pieces of news about legalized medical marijuana sent Curaleaf Holdings (OTC: CURLF) stock to a win on the first trading day of the week. Shares of the veteran weed company, which is active in both the medical and recreational segments of the market, closed the day more than 2% higher. That contrasted favorably with the essentially flat performance of the S&P 500 index.The first item providing fresh hope for medical weed was its apparently increasing prospects for growth in a major market. A new medical marijuana bill making its way through the Texas legislature had its first committee hearing on Monday after being passed in the state House earlier this month. Image source: Getty Images.Continue reading
Several encouraging pieces of news about legalized medical marijuana sent Curaleaf Holdings (OTC: CURLF) stock to a win on the first trading day of the week. Shares of the veteran weed company, which is active in both the medical and recreational segments of the market, closed the day more than 2% higher. That contrasted favorably with the essentially flat performance of the S&P 500 index.
The first item providing fresh hope for medical weed was its apparently increasing prospects for growth in a major market. A new medical marijuana bill making its way through the Texas legislature had its first committee hearing on Monday after being passed in the state House earlier this month.
Image source: Getty Images.
