Important Sector Milestone Incoming
Doug Kass, world-renowned hedge fund manager, posted on X, formerly Twitter, Friday that the “DEA will approve a rescheduling of cannabis to Schedule III. We have learned yesterday that the U.S. Drug Enforcement Administration will shortly approve a rescheduling of cannabis to Schedule III," Kass said in part of his first tweet on the subject Friday. He advised selling a gap higher in cannabis stocks as a result of the rumored development. GLTA
What Happened: Doug Kass, world-renowned hedge fund manager, posted on X, formerly Twitter, Friday that the “DEA will approve a rescheduling of cannabis to Schedule III.”
"We have learned yesterday that the U.S. Drug Enforcement Administration will shortly approve a rescheduling of cannabis to Schedule III," Kass said in part of his first tweet on the subject Friday. He advised selling a gap higher in cannabis stocks as a result of the rumored development