Why Aurora Cannabis, Canopy Growth, and Tilray Stocks Just Dropped | The Motley Fool

Contributing sentiments towards policy:

56% : According to a 2018 report on financial website Grizzle, while marijuana in general is a product commanding high gross profit margins (if not high net margins), the most profitable form of retail marijuana, by far, is edibles.
52% : As you're surely aware by now, there's a movement afoot in Congress to legalize marijuana at the national level.
52% : But all else remaining equal, that shouldn't affect the relative profitability of one form of retail marijuana over another, in which case, it would appear that Congress' intent is to ban the sale of the most profitable form of marijuana -- even if other forms of weed offered for sale become legal.
48% : And this means that, even if marijuana in general gets legalized at the federal level, if Congress maintains a ban on edibles sales, this could prevent or delay marijuana companies becoming profitable.
47% : Long story short -- and at the risk of mixing some metaphors -- at the very moment marijuana investors are starting to see a light at the end of the legalization tunnel, Congress may snatch defeat out of the jaws of victory, and ensure marijuana remains an unprofitable business for the foreseeable future.
43% : The RSC is recommending that, whatever happens with marijuana legalization in general, the production and sale of marijuana edibles "in the form of candy or beverages" should remain banned if there is "reasonable cause to believe" they will be sold to minors.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.