That's odd - no Canadian cannabis LPs are listed belowI believe I might have posted that the two sectors are separate and distinct - and that while Canadian LPs will see a short term, smaller sp increase riding the coattails of US news (that has no actual effect on them) - US MSOs are obviously directly affected, see larger and longer term increases in valuation.
Tilray for example, rose .05 cents this week, I think?
You'd think it would be a lot higher - I see RIFF (the company you guys never heard of until I posted about them - and then you said I was making stuff up! hahahaha) announced their 86th flavor of premium free range, grain fed camel fluid.
17 hours ago by Dow Jones
Cannabis stocks are notching their second day of gains after the Drug Enforcement Administration confirmed it's reviewing an August recommendation from the U.S. Department of Health and Human Services (HHS) to change the classification of marijuana to Schedule III from Schedule I under the Controlled Substances Act. In a letter to Rep. Earl Blumenauer, Democrat of Oregon, the DEA said it has "final authority" to make any rescheduling decisions. The Schedule III classification would potentially eliminate the costly 280E tax regime for cannabis companies that prevents state-legal cannabis companies from claiming customary business cost deductions. Curaleaf Holdings Inc. (CURLF) was up by 5%, after gaining 4.8% on Wednesday. Trulieve Cannabis Corp. (TCNNF) was up by 3.6% after a 2.2% rise on Wednesday. Green Thumb Industries (GTBIF) was up by 0.8% after gaining 3.5% in the previous session. Cresco Labs (CRLBF) rose 7.9%, after advancing by 8.2% in the previous session. Verano Holdings Corp. (VRNOF) was the outlier with a dip of 0.3% after rising 8.7% on Wednesday. TerrAscend Corp. (TSNDF) moved up by 1.1% after a 10.6% gain in the previous session. The Advisor Shares Pure U.S. Cannabis ETF (MSOS) rose 3% on top of a 5.6% jump on Wednesday. Under federal law, a Schedule 1 drug is defined as having no medical use. The classification includes heroin and LSD. Schedule III's definition allows for regulated medical use of a controlled substance.