You Searched For "cannabis stocks" and got 20 results
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1 min read
Pot stocks soar on report DEA will ease restrictions on cannabis
The move from the DEA would reclassify cannabis as a Schedule III drug alongside other drugs like k…
Matthew Fox
2 mins read
The South Park jinx could be coming for high-flying weight-loss stocks
An analysis found that a stock underperformed the S&P 500 by a median of 7% in the year after being…
Matthew Fox
1 min read
Pot stocks jump as federal agency reportedly seeks to downgrade cannabis from the hard-drug category
Marijuana's category as a Schedule I drug may be brought down by the Drug Enforcement Agency. Pot s…
Filip De Mott
1 min read
US stocks edge higher after notching 7th straight weekly gain
The S&P 500, Dow Jones Industrial Average, and Nasdaq 100 all notched a seven-week win streak on Fr…
Matthew Fox
2 mins read
Mega-cap tech leads US stocks higher as Dow Jones hits another record high
The surge in tech stocks was noticeable on Monday, with shares of Nvidia, Meta Platforms, Alphabet,…
Matthew Fox
2 mins read
Cannabis stocks light up after a group of lawmakers again seeks to protect banks that work with legal marijuana businesses
Forcing legal cannabis businesses to operate in cash is "dangerous," said Senator Jeff Merkley, who…
Carla Mozée
1 min read
Cannabis stocks spike on report that Senate Democrats are planning to introduce a bill for federal decriminalization
Shares of Tilray Brands jumped as much as 20%, while Aurora Cannabis spiked 10%, and Canopy Growth …
Brian Evans
2 mins read
Cannabis stocks soar after report says Congress plans vote on federal legalization of the drug next week
Recreational legalization of the drug would more than double the geographical target market for mar…
Matthew Fox
1 min read
Investors pile into cannabis stocks after Biden announces federal pardons for marijuana possession
The Roundhill Cannabis ETF jumped another 11% on Friday after surging more than 20% on Thursday fol…
Matthew Fox
2 mins read
JPMorgan is cutting down on US cannabis stock trading for customers due to money laundering rules, report says
Cannabis is still considered an illegal Schedule I drug by the US government. This exposes business…
Shalini Nagarajan
1 min read
Pot stocks just notched their biggest weekly rally since March 2020 amid hopes of a lower-risk rating from the DEA
Marijuana is currently classed as a Schedule I drug, the same category as heroin and LSD, despite w…
Joseph Wilkins
1 min read
Tilray jumps after $166 million deal for stake in MedMen to step into the US retail cannabis market
MedMen runs more than 25 stores in six states, including California, the world's largest marijuana …
Carla Mozée
1 min read
Sundial Growers surges 15% after cannabis distributor enters liquor business with $346 million acquisition of Alcanna
The deal has so far been viewed as favorable among investors, as shares of both Sundial and Alcanna…
Matthew Fox
2 mins read
A rotation into cannabis stocks by retail investors has a lot more room to run as the latest meme-stock rally fades, research firm says
Investors are paying renewed attention to cannabis stocks like Tilray, Sundial Growers, and Cronos,…
Carla Mozée
1 min read
Harvest Health surges 19% after Trulieve acquires the cannabis company for $2.1 billion in stock
Harvest Health shareholders are set to receive 0.1170 shares of Trulieve for each Harvest share hel…
Will Daniel
2 mins read
Tilray and Sundial embark on 2-day rally after Amazon says it stands behind federal marijuana legalization
The two Canadian cannabis stocks are beloved by retail traders on popular Reddit investing threads.
Natasha Dailey
1 min read
Penny stock Supreme Cannabis Company soars 60% on Canopy Growth merger
Trading volume surged for Supreme Cannabis on news that Canopy Growth will acquire the company in a…
Emily Graffeo
1 min read
Cannabis stocks surge after Governor Andrew Cuomo says New York is 'very close' on legalization
"I think this should've been passed years ago," Cuomo said in an afternoon news conference, before …
Matthew Fox
2 mins read
Cannabis stocks tumble from multi-year highs as Reddit-fueled rally loses steam
Members of the r/wallstreetbets forum had been cheering the pot stocks higher as they did with Game…
Ben Winck
1 min read
The first US cannabis ETF surpassed $1 billion in AUM in its first 6 months of trading
The AdvisorShares Pure US Cannabis ETF was the first US exchange-traded fund to focus solely on Ame…