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Actualités

Cannabis stock gains fade in volatile trading on US Senate bill hopes

UPDATE 1-Cannabis stock gains fade in volatile trading on US Senate bill hopes Updates with closing prices in paragraphs 3-4, adds Curaleaf founder comments in paragraphs 11-12 By Chibuike Oguh and Bansari Mayur Kamdar NEW YORK, Sept 27 (Reuters) - Shares of marijuana companies gave back early gains on Wednesday after jumping following a U.S. Senate committee voted to advance a bill that would give legal cannabis-related companies a boost by allowing them to access banking system services.
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Cannabis stock gains fade in volatile trading on US Senate bill hopes

Cannabis stock gains fade in volatile trading on US Senate bill hopes By Chibuike Oguh and Bansari Mayur Kamdar NEW YORK, Sept 27 (Reuters) - Shares of marijuana companies gave back early gains on Wednesday after jumping following a U.S. Senate committee voted to advance a bill that would give legal cannabis-related companies a boost by allowing them to access banking system services.
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Cannabis firms reverse course after gains

BUZZ-Cannabis firms reverse course after gains Updates ** Pot firms reverse course after gains * * Cannabis firms had gained after U.S. Senate committee voted to advance a marijuana banking bill, raising hopes for the cash-dependent cannabis sector to get access to regular banking services ** Cronos Group CRON.TO , Tilray Brands TLRY.O , Aurora Can
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US Senate committee votes to advance marijuana banking bill

INSTANT VIEW-US Senate committee votes to advance marijuana banking bill Sept 27 (Reuters) - A U.S. Senate committee on Wednesday voted to advance a marijuana banking bill, raising hopes for the cash-dependent cannabis sector to get access to regular banking services. Most banks in the country do not service cannabis companies as marijuana remains illegal at the federal level despite several states legalizing its medicinal and recreational use.
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Cannabis firms rise as US Senate committee votes to advance amended banking bill

BUZZ-Cannabis firms rise as US Senate committee votes to advance amended banking bill ** Pot firms rise as U.S. Senate committee voted to advance a marijuana banking bill, raising hopes for the cash-dependent cannabis sector to get access to regular banking services ** Cannabis firms Canopy Growth WEED.TO , Cronos Group CRON.TO , Aurora Cannabis AC
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Cannabis banking legislation moves forward in US Senate

UPDATE 2-Cannabis banking legislation moves forward in US Senate Updates shares, adds comments and details in paragraphs 4-10 By Arunima Kumar and Sourasis Bose Sept 27 (Reuters) - A U.S. Senate committee on Wednesday voted to advance a marijuana banking bill, raising hopes for the cash-dependent cannabis sector to get access to regular banking services.
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Morning News Call - Canada, September 25

Morning News Call - Canada, September 25 To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.refinitiv.com/MorningNewsCallENsubscriptionpage COMPANIES REPORTING RESULTS September 26: Theratechnologies Inc: Expected Q3 loss of 29 cents per share CORPORATE EVENTS 1300 Canopy Growth Corp: Annual Shareholders Meeting For Morni
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Canopy Growth Files For Offering Of Up To 45.9 Mln Shares Of Common Stock By Selling Securityholders

BRIEF-Canopy Growth Files For Offering Of Up To 45.9 Mln Shares Of Common Stock By Selling Securityholders Sept 20 (Reuters) - Canopy Growth Corp WEED.TO : CANOPY GROWTH CORP FILES FOR OFFERING OF UP TO 45.9 MILLION SHARES OF COMMON STOCK BY THE SELLING SECURITYHOLDERS - SEC FILING Source text for Eikon: [ID:] Further company coverage: WEED.TO
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Canopy Growth Announces Private Placement Of Up To Us$50 Mln

BRIEF-Canopy Growth Announces Private Placement Of Up To Us$50 Mln Sept 18 (Reuters) - Canopy Growth Corp WEED.TO : CANOPY GROWTH ANNOUNCES PRIVATE PLACEMENT OF UP TO US$50 MILLION Source text for Eikon: ID:nCNWPsZtNa Further company coverage: WEED.TO
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Canadian Natural Resources, Profound Medical, Russel Metals

CANADA RESEARCH ROUNDUP-Canadian Natural Resources, Profound Medical, Russel Metals Sept 18 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Canadian Natural Resources, Profound Medical and Russel Metals on Monday. HIGHLIGHTS * Canadian Natural Resources Ltd CNQ.TO : RBC raises target price to C$90 from C$82 * Profound Medical Corp PRN.TO : Raymond James raises to strong buy from outperform * Russel Metals Inc RUS.TO : Stifel raises
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U.S. STOCKS Paramount Global, Canopy Growth, Moderna

BUZZ-U.S. STOCKS ON THE MOVE-Paramount Global, Canopy Growth, Moderna Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq fell more than 1% on Friday to lead declines in Wall Street's main indexes as chipmakers fell on concerns over consumer demand, while rising Treasury yields pressured major growth stocks.
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U.S. STOCKS PTC Therapeutics, Gold miners, Copper miners

BUZZ-U.S. STOCKS ON THE MOVE-PTC Therapeutics, Gold miners, Copper miners Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Nasdaq led Wall Street lower on Friday as shares of chip-equipment makers fell after the world's top semiconductor firm, TSMC, asked its vendors to delay chip equipment deliveries, while rising Treasury yields pressured major megacap stocks.
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Canopy Growth up as brokerages raise PT on co's BioSteel bankruptcy plans

BUZZ-Canopy Growth up as brokerages raise PT on co's BioSteel bankruptcy plans ** Shares of pot firm Canopy Growth WEED.TO up 12.8% at C$1.41 ** WEED said on Thursday it would seek bankruptcy protection for its sports nutrition products' segment BioSteel, the unit that represented about 60% of the company's Q1 adjusted core loss ** Brokerage TD Cow
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Empire Company, Laurentian Bank of Canada, Rogers Communications

CANADA RESEARCH ROUNDUP-Empire Company, Laurentian Bank of Canada, Rogers Communications Sept 15 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Empire Company, Laurentian Bank of Canada and Rogers Communications on Friday. HIGHLIGHTS * Empire Company EMPa.TO : National Bank of Canada raises target price to C$44 from C$42 * Laurentian Bank of Canada LB.TO : CIBC cuts to neutral from outperformer * Rogers Communications Inc RCIb.TO
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U.S. STOCKS PFSweb, copper miners, cruise operators

BUZZ-U.S. STOCKS ON THE MOVE-PFSweb, copper miners, cruise operators Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Thursday as hotter-than-expected economic data did not dent hopes of a pause in rate hikes in September, while investors awaited Arm Holdings' stock market debut.
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Commodity stocks push TSX higher for fourth straight day

CANADA STOCKS-Commodity stocks push TSX higher for fourth straight day Oil hits 2023 highs, lifting energy stocks Mining stocks lead sectoral gains Canopy Growth seeks bankruptcy protection for unit TSX adds 1.0%, up for fourth day By Khushi Singh Sept 14 (Reuters) - Canada's main stock index jumped on Thursday as a rise in commodity prices lifted materials and energy stocks, while the markets remained optimistic about a pause in U.S.
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Canopy Growth up on job cuts, bankruptcy filing plans for loss-making unit

BUZZ-Canopy Growth up on job cuts, bankruptcy filing plans for loss-making unit Updates ** Shares of pot p roducer Canopy Growth WEED.TO up 19.9 % at C$1.8 7 ** Co says it would seek bankruptcy protection for its sports nutrition products' segment BioSteel ** Says plan to lay off 181 employees of BioSteel, the unit that represented about 60% of the
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Canopy Growth falls on seeking bankruptcy protection for BioSteel unit

BUZZ-Canopy Growth falls on seeking bankruptcy protection for BioSteel unit ** U.S.-listed shares of pot firm Canopy Growth WEED.TO , CGC.O down 6.9% at $1.09 premarket ** Company says it will seek bankruptcy protection for its sports nutrition products' segment BioSteel ** The segment represented about 60% of the company's Q1 adjusted core loss **
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Canopy Growth seeks bankruptcy protection for BioSteel to trim costs

UPDATE 2-Canopy Growth seeks bankruptcy protection for BioSteel to trim costs Adds previous cost cuts, background, details and updates shares between paragraphs 2 and 9 Sept 14 (Reuters) - Canada's Canopy Growth WEED.TO said on Thursday it would seek bankruptcy protection for its sports nutrition products' segment BioSteel, in the pot producer's latest attempt to rein in costs.
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Canopy Growth Expects To Incur Material Costs In Connection With CCAA Process For BioSteel Entities

BRIEF-Canopy Growth Expects To Incur Material Costs In Connection With CCAA Process For BioSteel Entities Sept 14 (Reuters) - Canopy Growth Corp WEED.TO : CANOPY GROWTH-EXPECTS TO INCUR MATERIAL COSTS IN CONNECTION WITH CCAA PROCESS FOR BIOSTEEL ENTITIES, INCLUDING COSTS ASSOCIATED WITH WORKFORCE REDUCTIONS CANOPY GROWTH CORP - EXPECTS TO INCUR CHA
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