Why Curaleaf Stock Was a Winner on Wednesday
Investors traded up marijuana stock Curaleaf (OTC: CURLF) cautiously on Wednesday, on a set of news items that were mildly positive for its industry. Curaleaf's share price ticked up by 0.6% as a result, exactly the mirror image of the S&P 500's (SNPINDEX: ^GSPC) 0.6% decline on the day.In this country, marijuana legalization is happening on a state-by-state basis, as according to federal law, the drug remains illegal. On Wednesday, one state took a key step in expanding its pot regime. Image source: Getty Images.Continue reading
Investors traded up marijuana stock Curaleaf (OTC: CURLF) cautiously on Wednesday, on a set of news items that were mildly positive for its industry. Curaleaf's share price ticked up by 0.6% as a result, exactly the mirror image of the S&P 500's (SNPINDEX: ^GSPC) 0.6% decline on the day.
In this country, marijuana legalization is happening on a state-by-state basis, as according to federal law, the drug remains illegal. On Wednesday, one state took a key step in expanding its pot regime.
Image source: Getty Images.
