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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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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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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 23andMe, Energy firms, MongoDB

BUZZ-U.S. STOCKS ON THE MOVE-23andMe, Energy firms, MongoDB 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 was set to open higher on Friday after a keenly awaited report showed the unemployment rate rose in August and wage growth slowed, spurring expectations that the Federal Reserve could pause its interest rate hikes.
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U.S. STOCKS SentinelOne, Tingo, cannabis stocks

BUZZ-U.S. STOCKS ON THE MOVE-SentinelOne, Tingo, cannabis stocks 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 U.S. stock index futures were higher on Friday ahead of a keenly awaited reading that could show job growth likely slowed in August, bolstering expectations of a pause in the Federal Reserve's interest rate hikes.
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Cannabis stocks extend gains on US legalization hopes

BUZZ-Cannabis stocks extend gains on US legalization hopes ** Shares of cannabis companies rise premarket, extending a recent surge on hopes of U.S. legalization of marijuana ** The U.S. Department of Health and Human Services (HHS) on Wednesday recommended easing restrictions on marijuana following a review request from the Biden Administration la
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U.S. STOCKS UGI, SkyWest, Sage Therapeutics

BUZZ-U.S. STOCKS ON THE MOVE-UGI, SkyWest, Sage Therapeutics 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 edged higher on Thursday after inflation data came in line with estimates, fueling hopes the Federal Reserve could pause its monetary tightening, while Salesforce shares climbed on upbeat forecasts.
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TSX up for fifth day, pot stocks lift healthcare

CANADA STOCKS-TSX up for fifth day, pot stocks lift healthcare Tech, healthcare stocks boost TSX Shopify rises on Amazon tie-up TSX up ~0.3%, set for monthly declines Updated at 10:25 a.m. ET By Siddarth S Aug 31 (Reuters) - Canada's main index extended gains on Thursday as a jump in Shopify shares lifted the broader technology sector, while pot firms gained after the United States' move to ease curbs on marijuana.
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Pot firms gain as US health agency recommends easing restrictions on weed

BUZZ-Pot firms gain as US health agency recommends easing restrictions on weed ** Shares of cannabis firms rise after US Department of Health and Human Services (HHS)recommended substance reclassification as lower risk following an 11-month review ** Shares of Cronos Group CRON.TO , OrganiGram Holdings OGI.TO , Aurora Cannabis ACB.TO , Canopy Growth WEED.TO jump between 3% and 10% ** Verano Holdings VRNO.CD , Green Thumb Industries GTII.CD , Cresco Labs CL.CD and Curaleaf Holdings CURA.CD and Go
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Pot firms surge as US move to ease curbs sparks hopes of legalization

UPDATE 2-Pot firms surge as US move to ease curbs sparks hopes of legalization Adds analyst comment in paragraph 3, updates shares in paragraph 4-6 paragraphs Aug 31 (Reuters) - Shares of marijuana companies jumped as much as 37% in morning trading on Thursday after a U.S. health agency's proposal to reclassify it as a lower-risk substance boosted expectations of legalization at the federal level.
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Pot firms gain as US move to ease curbs lifts sentiment

Pot firms gain as US move to ease curbs lifts sentiment Aug 31 (Reuters) - U.S.-listed shares of marijuana companies rose up to 7% in premarket trading on Thursday after the Department of Health and Human Services recommended reclassification as a lower-risk substance following an 11-month review. Marijuana remains illegal at the federal level even as nearly 40 U.S.
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US health officials look to move marijuana to lower-risk drug category

UPDATE 3-US health officials look to move marijuana to lower-risk drug category Changes sourcing, rewrites throughout Aug 30 (Reuters) - The U.S. Department of Health and Human Services (HHS) has recommended easing restrictions on marijuana, a department spokesperson said on Wednesday, following a review request from the Biden Administration last year.
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Cannabis stocks rise on report of US HHS calling to move marijuana to lower-risk category

BUZZ-Cannabis stocks rise on report of US HHS calling to move marijuana to lower-risk category Updates ** Cannabis stocks rise as U.S. Department of Health and Human Services (HHS) calls for marijuana to be moved to a lower-risk drug category - Bloomberg News ** U.S.-listed shares of Cronos Group CRON.TO , CRON.O , up 10%, Canopy Growth WEED.TO , CGC.O rise nearly 18% and Tilray Brands TLRY.O up 20.6% ** Canadian pot firms Trulieve Cannabis TRUL.CD and Curaleaf Holdings CURA.CD up 13.8% and 14.6
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HHS official calls to move marijuana to lower-risk drug category - Bloomberg News

HHS official calls to move marijuana to lower-risk drug category - Bloomberg News Aug 30 (Reuters) - U.S. Assistant Secretary of Health Rachel Levine has recommended easing restrictions on marijuana, Bloomberg News reported on Wednesday citing a letter. The Department of Health and Human Services (HHS) and the Drug Enforcement Administration did not immediately respond to Reuters' requests for a comment.
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Filo, Pembina Pipeline, Sienna Senior Living

CANADA RESEARCH ROUNDUP-Filo, Pembina Pipeline, Sienna Senior Living Aug 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Filo, Pembina Pipeline and Sienna Senior Living, on Wednesday. HIGHLIGHTS * Filo Corp FIL.TO : TD Securities cuts target price to C$29 from C$30 * Nexus Industrial REIT NXR_u.TO : Raymond James cuts to outperform from strong buy * Pembina Pipeline Corp PPL.TO : Credit Suisse cuts target price to C$51 from C$52
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Cronos Group Inc reports results for the quarter ended in June - Earnings Summary

Cronos Group Inc reports results for the quarter ended in June - Earnings Summary Cronos Group Inc CRON.TO reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended in June. The mean expectation of five analysts for the quarter was for a loss of 3 cents per share. Revenue fell 17.5% to $19.02 million from a year ago; analysts expected $22.74 million.
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Cronos Group falls as it discontinues providing revenue forecast

BUZZ-Cronos Group falls as it discontinues providing revenue forecast ** Shares of cannabis research firm Cronos Group CRON.TO down 7.7% to C$1.69 ** Co to discontinue providing net revenue forecast and withdraws previously announced revenue target of $100 mln-$110 mln for 2023 ** Says discontinuing net revenue forecast reflects turbulent market conditions beyond previous expectations ** Co says increasing political unrest and stagnant patient growth in Israel, exiting U.S.
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