Federal marijuana legalization in the U.S. is required for Canadian Licensed Producers to do business there and there is a sense that Democrats will be more weed-friendly.

Canopy Growth's original deal was to buy 100% of Acreage when the U.S. federally legalized cannabis. It was recently amended and resulted in the creation of two new share classes.

The Pure-Play Pot Stock Index was up 3.5% this past week with 17 of the 25 constituents going up. The winners and losers are as follows.