CannaBiz: Illinois Set To Legalize Recreational Marijuana, Cronos Group Expects to Enter U.S. CBD Market & The FDA Hearings On CBD Regulation Are Impacting Pot Stocks

June 4, 2019
Illinois is set to be the first state in the U.S. to legalize commercial recreational marijuana through its legislature after lawmakers on voted in favor of a legalization bill. Rep. Kelly Cassidy, a Democrat from Chicago, joined Cheddar to discuss. Canadian cannabis producer Cronos Group plans to leverage its U.S. relationships, including an investment from Altria, to launch CBD products in the U.S. ー perhaps as soon as later this year. Mike Gorenstein, Cronos Group CEO and co-founder spoke to Cheddar in an exclusive interview. What do the FDA hearings mean for cannabis stocks and the U.S. CBD market? Richard Batenburg III, Investor Relations at Cliintel Capital Management Group, joined Cheddar to discuss.