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Stock impact report

How Long Will the Cannabis Stock Rally Last? [Yahoo! Finance]

Tilray Brands, Inc. - Class 2 (TLRY) 
Last tilray brands, inc. - class 2 earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
These 10 stocks could mint the next wave of millionaires › Many cannabis stocks have experienced significant growth over the past six months. For instance, shares of Tilray Brands (NASDAQ: TLRY) have increased by 125% over this period, while those of Curaleaf Holdings (OTC: CURLF) have risen by 212%. The main reason for this rally is that the market was becoming increasingly optimistic about potential movement in the U.S. cannabis industry's regulatory landscape. These hopes proved correct: President Donald Trump recently signed an executive order reclassifying the substance into a Schedule 3 drug. This moves the needle for pot growers, but can the recent momentum last? Reclassifying cannabis doesn't make it legal at the federal level . That means interstate commerce remains forbidden. However, it will make research into medical uses of pot easier. It will also grant cannabis companies more access to banking services and allow them to deduct normal business expenses , just like Show less Read more
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