From Dow Jones & Company:

Cannabis stocks surged at the start of the week after the Department of Health and Human Services recommended changes to federal marijuana laws. The proposed changes could provide a major boost for cannabis companies by allowing them to deduct operating expenses and benefiting their cash flow. The next step in the reform would be a proposed rescheduling rule from the DEA, which could potentially happen soon. However, there are legal and scientific challenges that may arise, and the comment period and approval process could drag out. The process is expected to be completed by the summer. Some recommended cannabis stocks include Curaleaf, Green Thumb Industries, and TerrAscend.



Read more: Opinion: These cannabis stocks and ETFs stand to benefit if marijuana laws are reformed