Harris Comments and German Law Boost Cannabis Stocks, Tilray and Canopy Growth Well-Positioned to Benefit

Vice President Kamala Harris recently spoke in favor of reducing federal regulation of marijuana in the U.S., helping lift cannabis stocks.

Germany declined to delay a law that will fully legalize cannabis nationwide on April 1st.

Tilray already gets 45% of revenue from Europe/Africa and is well-positioned to capitalize on German legalization.

Canopy Growth gets 12% of revenue from Germany currently and also stands to benefit.

Cronos gets nearly all revenue from just Canada and Israel, so is less likely to capitalize on German legalization.