Cannabis stocks climb on RFK Jr. approval, Senate marijuana-banking hearing - MarketWatch
1. Senate committee supports easing banking regulations for cannabis businesses. 2. President Trump's nominee, Kennedy, favors cannabis, can influence reforms. 3. Cannabis stocks surged, with CNBS rising 9.7% amid favorable news. 4. Banking costs hinder cannabis transactions, limiting industry growth. 5. Federal reforms for cannabis banking face continued legislative hurdles.