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Stock impact report

Forbes Daily: Major Marijuana Reform Could Be Imminent [Forbes]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Forbes
MacKenzie Scott has given away more of her wealth than almost any other billionaire Scott announced her annual philanthropic gifts this week totaling $7.1 billion —the most she's given in a year since making her giving public. Over her lifetime, she's contributed $26 billion, which makes her one of the three most generous donors in the U.S. Only Warren Buffett and Bill Gates have donated more, but Scott has now given more in dollar terms than both Michael Bloomberg and George Soros. Scott, whose net worth is around $30 billion, gave to around 200 organizations, focusing on climate and higher education Marijuana policy reform is imminent, cannabis industry and Washington insiders say: President Donald Trump is seriously considering reclassifying marijuana from Schedule I drug to Schedule III, on par with mild painkillers, the Washington Post reported, though a White House spokesperson told Forbes that “no final decisions have been made.” If cannabis is rescheduled, it will mark Show less Read more
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