Senate Majority Leader Mitch McConnell won't agree to bring the Senate back early, according to Republican sources, and he communicated as much to Sen. Chuck Schumer today.
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Cannabis companies continue their rally as Curaleaf chairman applauds quicker reform Zack Guzman
It’s been a hot start to the year for the leading U.S. cannabis companies, and now many top players are preparing to double down.
Following the wins in Georgia’s Senate runoff elections, Democrats are soon to reap Senate control, and thus, a slim margin to push through long-sought cannabis reforms. As those hopes pushed shares in the top U.S. multi-state operators higher by more than 10%, executives steering the companies have been even quicker to double down on growth opportunities.
Curaleaf (CURLF), the nation’s largest multi-state operator, was quick to pull the trigger on shoring up more than $200 million in funding through both a share offering and new $50 million revolving credit facility that will serve to increase strategic flexibility, according to Executive Chairman Boris Jordan.
The bright light that shined in Georgia on Tuesday descended into darkness across the nation the next day, when the armed, attempted takeover of the Capitol took place. Unfortunately, the air will not automatically clear by the time Biden takes the oath of office next week.
The day that lived in infamy lasted the rest of the week.
The next day, a record number of Americans 4,000 died of COVID-19. Friday, the U.S. Department of Labor (DOL) announced that 140,000 Americans lost their jobs last week, which is the first decline in jobs since the early stage of the pandemic in April.