Marijuana Stocks Spike After Ex-House Speaker John Boehner Joins Cannabis Company Board

Former U.S. House Speaker John Boehner has done a 180 on weed, announcing Wednesday that he’s joining the advisory board of marijuana firm Acreage Holdings. The news was followed by notable spikes in prominent marijuana stocks.

Shares of the still-fledgling cannabis industry mainstays like Canada’s Aphria, Aurora, and others rose anywhere from 1% to more than 4% after Boehner’s surprise announcement, outpacing broader markets. Aurora Cannabis was up 2.5% in early Wednesday trading; the...

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