Cannabis stocks rose Friday in their second day of big gains. The U.S. Senate committee on banking, housing and urban affairs has scheduled a hearing entitled, “Examining Cannabis Banking Challenges of Small Businesses and Workers” on Thursday at 9:45 a.m. in the Dirksen Senate Office Building, according to an announcement. The hearing comes after lawmakers from both chambers filed new versions of the Secure and Fair Enforcement (SAFE) Banking Act. The AdvisorShares Pure U.S. Cannabis ETF MSOS is up 3.2% and the ETFMG Alternative Harvest ETF MJ is ahead by 5.4%. Curaleaf Holdings Inc. CURLF is up by 2.3%, Ascend Wellness Holdings Inc. AAWH is up by 4.9%, Ayr Wellness AYRWF is up by 2%, Cronos Group Inc. CRON is up by 4.7%, Cresco Labs CRLBF is up by 2.5%, Tilray Brands Inc. TLRY is up by 9.1%, Canopy Growth Corp. CGC is up by 6.8%, Verano Holdings Corp. VRNOF is up by 0.3% and Green Thumb Industries Inc. GTBIF is up by 6.6%.

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