Trump, Cannabis
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Likewise, World Liberty Financial, a firm Trump and Steve Witkoff co-founded last year along with their sons, started trading a new token in September. It rose to 25 cents in late September but has yet to take off and on Friday fell to 14 cents.
Investor's Business Daily on MSN
Donald Trump lifts marijuana stocks on reports imminent executive order will loosen federal restrictions
Marijuana stocks spun higher in market trade Friday, rallying on reports President Donald Trump aims to loosen federal restrictions on marijuana. Plans call for cutting oversight of marijuana products to the same level as some ordinary prescription painkillers.
Few investors have more notoriety than Bill Ackman and Michael Burry, the latter portrayed in "The Big Short."
Shares of Eric Trump’s American Bitcoin Corp. plunged over 50% in minutes as Bitcoin’s month-long selloff deepened.
Investor's Business Daily on MSN
Stock market today: Dow dips as Trump edges closer to this Fed pick; Tesla jumps (live coverage)
The Dow Jones index rose Monday. Tesla neared a buy point while President Trump edged closer to a Fed chair pick.
Weed stocks dropped Monday, reversing early gains on hopes President Trump could soon issue an executive order reclassifying marijuana.
Tilray's premarket rocket — up nearly 30% — wasn't just policy spillover. The company's Amped Live Resin Diamond Sauce vape has quietly become the first major cannabis SKU to generate more incremental revenue than Tilray made selling flower across an entire Canadian province.
An upcoming US Supreme Court ruling on the legality of the sweeping tariffs that President Donald Trump rolled out in April — briefly sending markets worldwide into a tailspin — could be the next test for stocks that have been flying high.