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-0.013819095477387 -0.0314070351758794 -0.0376884422110553 -0.0345477386934674 -0.035175879396985 -0.0339070351758794 -0.0309045226130654 -0.0508793969849246
Stock impact report

Pot firms rally after US reclassifies marijuana as less dangerous drug [Yahoo! Finance Canada]

Tilray Brands, Inc. (TLRY) 
Last tilray brands, inc. earnings: 3/2 04:05 pm Check Earnings Report
reclassify the Food and Drug Administration-approved and state-licensed ?marijuana as a less-dangerous drug. Cronos Group, Aurora Cannabis, Canopy Growth, Tilray Brands jumped between ?6% and 13% following the announcement, which many in the industry see as "most consequential federal cannabis policy development in decades". In a post on X, Acting Attorney General Todd Blanche said the Department of Justice ?was "immediately rescheduling FDA-approved marijuana ?and state-licensed marijuana from Schedule I to Schedule III." The department is also initiating an expedited hearing to ?consider the broader rescheduling of marijuana. Industry executives applauded the decision. "Rescheduling has the potential to accelerate clinical research, broaden access and elevate the quality, ?consistency, and ?safety standards that establish medical ?cannabis as a legitimate pillar ?of modern healthcare," Tilray CEO Irwin Simon said in a statement. Cannabis firms will also no longer be subjec Show less Read more
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