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(Reuters) - Shares of cannabis companies surged on Tuesday afternoon after the U.S. Department of Justice (DoJ) moved to reclassify marijuana as a less dangerous drug. U.S.-listed shares of Cronos Group, Tilray Brands and Canopy Growth rose between.
U.S.-listed shares of Cronos Group , Tilray Brands and Canopy Growth rose between 14.9% and 67.7%, while ETF AdvisorShares Pure US Cannabis soared 24.8%.