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2024-05-01 02:47:58 ET Summary SNDL Inc. rallied 22% as the DEA recommends rescheduling cannabis from Schedule I to Schedule III. The rally may lead to new valuations and price targets for cannabis companies. The rescheduling is a positive step, but further legislation and fed...
A look at the top 10 most actives in the United States Tilray Brands Inc. (TLRY) rose 39.5% to $2.47 on volume of 149,005,559 shares Tesla Inc. (TSLA) fell 5.6% to $183.28 on volume of 125,934,900 shares PROSHARES TRUST (SQQQ) rose 5.7% to $11.95 on volume of 124,394,426 shares Jaguar H...
2024-04-30 16:25:18 ET Summary The U.S. Drug Enforcement Administration (DEA) is moving marijuana from Schedule I to Schedule III under the Controlled Substances Act, and pending approval from the White House Office of Management and Budget. Rescheduling cannabis would allow U.S. ...
2024-04-30 16:15:00 ET Shares of Canadian cannabis companies Tilray Brands (NASDAQ: TLRY) , Canopy Growth Company (NASDAQ: CGC) , Cronos Group (NASDAQ: CRON) , and SNDL (NASDAQ: SNDL) exploded higher on Tuesday, rallying 41.7%, 67.5%, 15.7%, and 24.4%, respec...
2024-04-30 14:30:00 ET Summary The Canadian cannabis industry is in a shakeout phase, with poorly run businesses struggling and the industry maturing. Motif Labs is a successful extraction-focused licensed producer in Canada, specializing in vape products and infused pre-rolls. ...
2024-04-30 14:20:00 ET Summary The DEA will reportedly reclassify cannabis as a less dangerous drug, potentially moving it from Schedule I to Schedule III. Cannabis stocks surged after the news, with companies like Tilray, Canopy Growth, and Aurora Cannabis seeing a 20% increase. ...
2024-04-30 14:15:33 ET More on cannabis ETFs MSOS: 4/20 Is Cannabis Day - Significant Implications For Investors MJ: Over Diversified Cannabis ETF, But Still A Solid Pick Why Is The MSOS Cannabis ETF Soaring Again? Rescheduling May Be 'Imminent' DEA to resche...
2024-04-28 08:05:00 ET Canopy Growth (NASDAQ: CGC) is moving ahead with its plans for Canopy USA. After shareholders voted overwhelmingly in favor of its latest growth strategy for the U.S. pot market, the company is ready to take the next steps. Here's a look at what will those ste...
2024-04-27 17:49:49 ET Ahead of the Curve: Leading Canadian Cannabis Stocks for Early 2024 The global cannabis industry and top marijuana stocks are poised for significant growth, driven by increasing legalization and medical use. Furthermore, experts predict a compound annual growt...
2024-04-26 13:46:03 ET Summary Canopy Growth has received shareholder approval for its plans to enter the US THC cannabis market. The company's recent Q3-2024 report shows ongoing financial recovery and success of the company's new right-sizing strategy. Canopy Growth's stock ...
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--News Direct-- When it comes to investing in the legal marijuana industry, they don't call it the "green rush" for nothing. Many analysts are projecting massive growth for the cannabis industry. New Frontier, a Washington D.C.-based cannabis research firm, expects total U.S. legal cannabis s...
2024-07-16 09:30:03 ET High-Growth Canadian Cannabis Stocks for Mid-July 2024 The global cannabis industry and top marijuana stocks are booming, with a market value expected to reach $73.6 billion by 2027. This growth is driven by increasing legalization and consumer demand. Canadia...
2024-07-12 06:33:00 ET Canopy Growth (NASDAQ: CGC) has gone through a lot of change over the past five years. But arguably one of the biggest moves it made was at the leadership position. In July 2019, the company let go of Bruce Linton, who at the time was an icon in the Canadi...