Pot stocks gain as U.S. move to ease curbs lifts sentiment

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 92%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Department of Health and Human Services’ recommends sparks investor interest

Pot stocks tracker AdvisorShares Pure US Cannabis ETF gained 3.7% premarket. It closed 21.2% higher on Wednesday, clocking its best day since Oct. 6, 2022.

Still, some analysts said the rescheduling would not be able to address the banking or capital market access challenges for cannabis companies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pot Stocks Surge on Call to Move Marijuana to Lower-Risk CategoryMarijuana stocks surged on Wednesday after the US Department of Health and Human Services sent a letter to the Drug Enforcement Agency urging them to loosen rules on cannabis.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Pot Stocks Jump on Call to Move Marijuana to Lower-Risk CategoryMarijuana stocks surged on Wednesday after the US Department of Health and Human Services sent a letter to the Drug Enforcement Agency urging them to loosen rules on cannabis.
Source: BNNBloomberg - 🏆 83. / 50 Read more »