11:56 AM EDT, 03/22/2024 (MT Newswires) -- (Updates with the law's details in the second paragraph and the companies' latest stock moves in the third paragraph.)

Aurora Cannabis ( ACB ) , Canopy Growth ( CGC ) and other cannabis stocks rose in recent Friday trading after Germany approved the partial legalization of cannabis for personal use, effective April 1.

The new law allows adults to carry up to 25 grams of cannabis in public, as well as storing up to 50 grams and growing three cannabis plants at home. Consumption of cannabis will be banned in certain areas, including schools, and minors are still prohibited from carrying and consuming cannabis, Germany's Bundesrat said Friday.

Shares of Aurora jumped nearly 22%, while Canopy Growth ( CGC ) surged over 38%. IGC Pharma (IGC) climbed 6.6%, Tilray Brands ( TLRY ) rose past 14% and Cronos Group ( CRON ) was up 7.7%.

Price: 4.68, Change: +0.84, Percent Change: +21.87