US CANNABIS Stocks Rally Following Leaked Cannabis Rescheduling Letter
Cannabis stocks are rallying after a letter was leaked to Bloomberg on Wednesday revealing that The U.S Department of Health and Human Services (HHS) has recommended the Drug Enforcement Administration (DEA) reclassify cannabis from Schedule I to Schedule III under federal law.While the Global Cannabis Stock Index hit an all-time low in June 2023, the rescheduling news saw the Index spike following a strong month in July which saw stocks such as Tilray and Hydrofarm rise by 62.2% and 49.6% respectively.
US CANNABIS Stocks Rally Following Leaked Cannabis Rescheduling...
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Change
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Mkt cap ! $1.427M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $50.79K | 25.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 119 | 119258737 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.3¢ | 42689769 | 24 |
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| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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0.2¢ |
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-0.001 ( 33.3 %) |
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.3¢ | 0.2¢ | 42457783 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| ME1 (ASX) Chart |