Pot stocks rise as US unveils proposal to ease restrictions on...
127.00 $
Published date: 2024/06/20
- Location: 64700, Colorado, United States
May 16 (Reuters) - Shares of cannabis companies rose on Thursday afternoon after the U.S. Department of Justice unveiled a proposal to ease restrictions on marijuana, a rule if enacted would also enable more research on its medicinal benefits.
U.S.-listed shares of Tilray Brands, Cronos Group and Canopy Growth rose between 1.2% and 7.1%, while ETF AdvisorShares Pure US Cannabis climbed 6.1%.
Canada-listed Green Thumb Industries and Trulieve Cannabis were also up 5.8% and 9.1%, respectively.
The reclassification will not legalize marijuana for recreational use, but move the drug to a group that contains ketamine and Tylenol with codeine. Currently, the drug falls under the DEA's class which includes buy Heroin online and LSD.
The U.S. Food and Drug Administration said it found "some credible scientific support for the use of marijuana in the treatment of chronic pain, anorexia related to a medical condition, and nausea and vomiting.
U.S.-listed shares of Tilray Brands, Cronos Group and Canopy Growth rose between 1.2% and 7.1%, while ETF AdvisorShares Pure US Cannabis climbed 6.1%.
Canada-listed Green Thumb Industries and Trulieve Cannabis were also up 5.8% and 9.1%, respectively.
The reclassification will not legalize marijuana for recreational use, but move the drug to a group that contains ketamine and Tylenol with codeine. Currently, the drug falls under the DEA's class which includes buy Heroin online and LSD.
The U.S. Food and Drug Administration said it found "some credible scientific support for the use of marijuana in the treatment of chronic pain, anorexia related to a medical condition, and nausea and vomiting.
Related listings
-
Answers about Kia91.00 £Art - Collectibles (Colorado) 2024/06/20Kia Hampton is the blonde in Keto XP Gummies Scam the Louisville Kia commercial. -
Website Bomb, Drugs Anda Porn196.00 $Art - Collectibles Winchester (Colorado) 2024/06/20Welcome to the dark underworld of the internet, where illicit routine lurk in the shadows and unsuspecting site visitors may stumble upon a virtual minefield. Today, we delve into the murky waters of online pages that harbor illegal content such as d...
-
8 Strange Facts About Blue Subway Tile48.00 £Art - Collectibles New Fairfield (Colorado) 2024/06/20Introduction: Ιn the world of interior design, the bathroom іs оften consideгed one ⲟf the most impοrtant rooms іn the house. It is a space ԝhеre we can relax, unwind, ɑnd rejuvenate оurselves. Thｅrefore, it is essential tо creatｅ a bathroom tһаt is ...
127.00 $
Useful information
- Avoid scams by acting locally or paying with PayPal
- Never pay with Western Union, Moneygram or other anonymous payment services
- Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
- This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"
Comments
Leave your comment (spam and offensive messages will be removed)