Pennsylvania’s recent budget approval excludes the legalization of recreational cannabis, marking a significant setback for cannabis companies like Jushi Holdings (OTC: JUSHF) and TILT Holdings (OTC: TILT). Governor Josh Shapiro, who had championed the cause, faced opposition from a divided legislature. The state House, controlled by Democrats, struggled to reach a consensus on regulation, while the GOP-majority Senate remained opposed to legalization. The new budget focuses on broad economic and social investments but omits provisions for recreational cannabis. Key investments include $1.11 b…
