Business
Here’s why ASX cannabis shares are lighting up today
The S&P/ASX 200 Index (ASX: JXO) is having a pretty decent day today. A the time of writing, the ASX 200 is up a healthy pre-Easter 0.21%. But one group that is doing a quarter-ounce better are ASX cannabis shares.
Take Creso Pharma Ltd (ASX: CPH). It’s up 1% to 20 cents a share. Or Cann Group Ltd (ASX: CAN), up 0.54% to 54 cents a share. Elixinol Global Ltd (ASX: EXL)? It’s up 5.56% to 19 cents a share. Althea Group Holdings Ltd (ASX: AGH) is up 1% at 50 cents.
What gives?
Well, there’s a piece of news out today that might be getting investors keen to light up on cannabis shares.
According to the Governor of the US state of New York’s office, Governor Andrew Cuomo has just signed a bill into law that has legalised…
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