(Bloomberg) Traders betting against marijuana stocks are facing massive losses after the shares surged Tuesday as the US Drug Enforcement Administration moved to reclassify the drug, potentially eliminating a major obstacle for the industry. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesFed to Signal Delay of Interest-Rate CutsThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Enti
Marijuana Stocks Gain Momentum on Cannabis Reform Hopes bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) As Walt Disney Co. looks set to conclude a showdown over the composition of its board, bulls have sent the stock soaring. Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterIran Vows to Punish Israel for Strike on Embassy in SyriaCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownErdogan Suffers Historic Loss in Turkey Municipal ElectionsThe shares have rallied nearly 35% this year, more tha