Cannabis Stocks Decline as DEA Delays Reclassification Hearing

Reported about 1 month ago

Cannabis stocks dropped on Tuesday after the U.S. Drug Enforcement Administration (DEA) postponed a hearing on reclassifying cannabis to December 2, following the presidential election. Shares of major companies like Curaleaf and Canopy Growth fell significantly, with market experts expressing concern about the impact on future policy changes, especially depending on potential appointment decisions by the next president.

Source: YAHOO

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