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Marijuana stocks lit up Wednesday morning after multiple news outlets reported Senate Majority Leader Chuck Schumer plans to unveil a new bill to legalize marijuana for recreational use today. In quick succession, shares of Sundial Growers (NASDAQ: SNDL) , Charlotte's Web Hold...
strelov/iStock via Getty Images A draft version of a bill that would legalize marijuana on the federal level would remove cannabis from the federal list of controlled substances, and move its regulation from the Drug Enforcement Administration, Marijuana Moment reports. Instead, the FDA, alon...
3 Top Penny Stocks to Watch in July 2021 Finding the best penny stocks to buy in 2021 can be a challenge. If we consider that there are plenty of external factors affecting penny stocks of all types, we see that it is difficult to keep track of everything at once. But, if we conside...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Almost surely in any other context, Sundial Growers (NASDAQ: SNDL ) would have faded into the doldrums because of the clear warning signals that its management team signaled to the investing public. True, there will a...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Today, the modern way of investing in seems to have one key trend to monitor: stocks that move not on fundamentals, not on top catalysts — such as earnings surprises or developing new products and services — b...
Chip Somodevilla/Getty Images News Senate Majority Leader Chuck Schumer (D-N.Y.) will introduce a draft of legislation tomorrow that would legalize marijuana on the federal level, according to Marijuana Moment. The bill, the Cannabis Administration and Opportunity Act, will be unveiled Wednes...
Much of the profit that investors in Sundial Growers (NASDAQ: SNDL) have made over the past year can likely be attributed to speculation and the stock becoming a popular buy on Reddit. That popularity has also improved the company's prospects, allowing it to raise cash multiple time...
Rex_Wholster/iStock via Getty Images Republican Tennessee State Rep. Bruce Griffey wants to see how voters in the state feel about medical and recreational marijuana by including three questions about them in a ballot next year, Marijuana Moment reports. The questions are: Should the State of...
Reddit users have shone a spotlight on several stocks that have skyrocketed. You can put health insurer Clover Health Investments (NASDAQ: CLOV) and cannabis operator Sundial Growers (NASDAQ: SNDL) squarely on the list. Shares of Clover Health soared close to 190% in Jun...
Meme stocks took investors on another wild ride on Friday -- and for the most part, it's looking like things will end badly. In early trading, newly inducted meme stock Newegg Commerce (NASDAQ: NEGG) shot up as high as 29% before turning tail and running down to its current 1.1% los...
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2024-05-14 15:56:00 ET Marijuana stocks are moving higher on Tuesday after Marijuana Moment reported on a new initiative in Congress that could give marijuana demand a lift. According to the weed-news source, the House Armed Services Subcommittee on Military Personnel is recommending th...
The anticipated reclassification of cannabis by the federal government to a less-dangerous category may not have an immediate effect on states where cannabis use for either recreational or medical purposes is still illegal. Nonetheless, cannabis legalization proponents see the federal shift as ...
SNDL Inc. (NASDAQ:SNDL) announced its financial and operational results on Thursday for the first quarter ended March 31, 2024. The company reporte...