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Reps. Guy Reschenthaler and Troy Carter filed a bipartisan bill to allow state-legal marijuana businesses to list on major stock exchanges and protect service providers. Other updates include a potential 3mg THC limit for Medicare CBD products, Iowa's progress on a psilocybin therapy program, and a study finding cannabis less harmful than alcohol and tobacco.

New Congressional Bill Would Allow Cannabis Companies to List on Stock Exchanges

Mar 20, 2026

Source:

Tom Angell

Marijuana Moment

Big moves are happening on Capitol Hill that could finally let state-legal cannabis businesses join major stock exchanges like the NYSE and Nasdaq. This bipartisan push aims to normalize the industry by protecting banks and advertisers from federal blowback. Meanwhile, a government study officially confirmed what we’ve known all along: alcohol and tobacco are way more dangerous than weed. On the medical front, a new insurance pilot might cover CBD products with up to 3mg of THC, though it faces a messy conflict with recent hemp restrictions.

For regular tokers, these updates are a breath of fresh air. Seeing the government admit that cannabis is safer than a pack of cigarettes or a bottle of bourbon is a huge win for our community’s reputation. Plus, if businesses can finally access standard banking and stock markets, it means more stability and growth for the brands we love. It’s all about moving toward a world where our favorite plant is treated with the respect and fairness it deserves.

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