Why Cannabis Investors Aren’t Having a Happy 4/20 | The Motley Fool

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April 20, or 4/20, is a day when pot smokers around the world gather to celebrate a recreational drug that remains illegal in the United States.

Many marijuana enthusiasts may be ready to celebrate the annual 4/20 tradition today, but pot smokers in New Jersey will be looking forward more to tomorrow.

That House vote effectively agreed to legalize marijuana by removing it from the list of federally banned drugs under the Controlled Substances Act.

Tilray investors would like nothing more than for the company to take full control of MedMen and fully integrate the multistate operator into its overall cannabis operations.

Users, however, will continue to celebrate today, holding out hope that 4/20 might become an even bigger deal in future years.

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