Weed is the new bitcoin. While the world of marijuana-related companies trading on U.S. stock exchanges is not large, one of the premiere examples had a roller coaster ride last week. Tilray, a Canadian-based medical marijuana company, first started publicly trading in the U.S. in mid-July. It bounced around $25 a share through mid-August, then shot up to a peak of $263 on Wednesday — roughly a ten-fold increase in about a month.
Topics: canadian-based nasdaq gw pharmaceuticals macy's wall street october u.s drug enforcement administration university california san diego brendan kennedy jim mad money united states white house jeff sessions micah tapman canopyventures cnn they even bruce linton part constellation brands corona aurora cannabis coca-cola cronos aleafia health tilray canadian u.s canopy growth america canada kennedy ceo cramer cnbc seeking alpha the marijuana company trading companies hard medical billion lot change told increase general shot week means remains started trial national exchanges stocks trades share big stock clinical law working plans weed ride legal cannabis-based firm demand eventually smoking business product excitement people options easier
BING NEWS:
- wall street
Goldman Sachs recorded a 28% surge in quarterly profits -- topping Wall Street's expectations thanks to surprising strength in the bank's trading and investment banking operations. The Wall Street ...
04/15/2024 - 3:28 pm | View Link - Wall Street
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04/12/2024 - 8:53 am | View Link - The Worst Part of a Wall Street Career May Be Coming to an End
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04/9/2024 - 1:00 pm | View Link - Wall Street Breakfast Sector Survey: How It Started, How It's Going
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04/3/2024 - 2:34 am | View Link - What Is Wall Street? Location, Importance & Job Types
Three thousand people alone work on the trading floor of the New York Stock Exchange; in total, Wall Street’s firms are estimated to employ 9% of the city’s workforce, or roughly 180,000 workers.
03/4/2023 - 8:04 am | View Link - More
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