TLRY - What's Going On With IM Cannabis Stock? | Benzinga
IM Cannabis Corp. (NASDAQ:IMCC) shares are trading higher Wednesday, and the stock is up more than 100% over the past five days. Here's a look at what's going on.
The Details:
Cannabis stocks soared Tuesday following reports that the DEA will move to reschedule marijuana from a Schedule I to a Schedule III substance. IM Cannabis shares are holding the gains, while larger weed stocks including Canopy Growth Corporation (NASDAQ:CGC), Aurora Cannabis, Inc. (NASDAQ:ACB) and Tilray Brands, Inc. (NASDAQ:TLRY) are dropping Wednesday.
IM Cannabis shares are moving on heavy trading volume with more than 36 million shares already traded ...