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What Will Cannabis Stocks Do If U.S. Legalizes Pot? See Canada TheStreet 1 hr ago © TheStreet What Will Cannabis Stocks Do If U.S. Legalizes Pot? See Canada The cannabis space is once again alight with excitement about legalization efforts in a major North American country. Back in 2018, it was optimism about impending federal legalization in Canada, which sent local pot stocks such as Canopy Growth Corporation and Tilray soaring as hopes of a booming industry buoyed valuations that, in hindsight, were well beyond reason. Now, recent optimism about growing state legalizations and the possibility of federal legalization in the U.S. has helped cause U.S. cannabis leaders Curaleaf CURLF and Trulieve , as well as Canadian pot stock stalwarts such as Canopy, Tilray and Hexo Corp. , to each increase by triple-digit percentages in the past year, despite a recent pullback.

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