Embattled Canadian cannabis stocks have been climbing on the hope that the U.S. may ease restrictions on the substance.
The Associated Press reported that the U.S. health department has recommended marijuana be moved from a schedule one to a schedule three controlled substance.
U.S. Senate leaders hailed the recommendation Wednesday as a first step toward easing federal restrictions on cannabis.
OBJ360 (Sponsored)
Minto’s Metro Towns at Anthem in Barrhaven & Parkside in Kanata offer attainable home ownership
Guided by the needs of homeowners, Minto has been building new homes and master-planned communities across Canada and the USA for 70 years. To ensure the best quality of life
Is your company a Best Place to Work?
Even in uncertain economic times, you can take this to the bank. The most successful companies are those with the highest employee engagement. That’s why the Ottawa Business Journal and
Shares in Canopy Growth Corp. were up almost 36 per cent around noon Thursday, after climbing nine per cent Wednesday.
Tilray Brands Inc. shares were up almost 12 per cent, after its stock rose more than 10 per cent Wednesday.
Shares of Aurora Cannabis Inc. were up almost eight per cent around noon on Thursday.
