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Top related persons:
Patrick Rea - 2 cagey - 1 Ty Collin - 1 Green - 1 Arunima Kumar - 1 Sriraj - 1 James Romano - 1 Rea - 1
Top related locs:
U.S Aurora Bengaluru Medway
Top related orgs:
U.S . Department of Health - 2 Human Services - 2 Poseidon Garden Ventures - 2 Cronos Group - 1 OrganiGram Holdings - 1 Verano Holdings - 1 Green Thumb Industries - 1 Cresco Labs - 1

Search resuls for: "Patrick Rea"


2 mentions found


☆ Pot firms surge as US move to ease curbs sparks hopes of legalization
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +2 min
Shares of cannabis firms Cronos Group (CRON.TO), OrganiGram Holdings (OGI.TO), Aurora Cannabis (ACB.TO), Canopy Growth (WEED.TO) jumped between 6% and 25%. Verano Holdings (VRNO.CD), Green Thumb Industries (GTII.CD), Cresco Labs (CL.CD) and Curaleaf Holdings (CURA.CD) and Goodness Growth (GDNS.CD) rose between 15% and 37%. "Certainly moving cannabis off of Schedule 1 is the right decision and long overdue. The firm held investments in cannabis retailer and producer Green Thumb, and cannabis data platform Flowhub, according to its website. Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.
Persons: cagey, Ty Collin, Patrick Rea, Green, Arunima Kumar, Sriraj Organizations: Cronos Group, OrganiGram Holdings, Verano Holdings, Green Thumb Industries, Cresco Labs, Curaleaf Holdings, Cannabis ETF, U.S . Department of Health, Human Services, Drug Enforcement Agency, Banking, Poseidon Garden Ventures, Thomson Locations: U.S, Aurora, Bengaluru
☆ HHS calls for easing restrictions on marijuana, sending cannabis stocks higher
  + stars: | 2023-08-30 | by ( Annika Kim Constantino Stefan Sykes | Annika Kim Constantino | Stefan Sykes | ) www.cnbc.com   time to read: +3 min
Beneath the trimmed flower is a tray collecting shake, cannabis flower that has naturally broken down through handling. Marijuana is currently a Schedule I drug under the Controlled Substances Act, meaning it's deemed to have no currently accepted medical use and a high potential for abuse. The news sent shares of several cannabis companies, including Canopy Growth , Tilray Brands and Cronos Group , jumping Wednesday. "Certainly, moving cannabis off of Schedule 1 is the right decision and long overdue," Rea said in a statement. "Though a full descheduling would be preferred and likely most appropriate for cannabis, we welcome smart decisions and progress towards full legalization and regulation in the legal cannabis industry."
Persons: James Romano, Patrick Rea, Rea Organizations: U.S . Department of Health, Human Services, Drug, Administration, CNBC, Wednesday, Marijuana, Tilray Brands, Cronos, Bloomberg, HHS, DEA, Poseidon Garden Ventures Locations: Medway, U.S
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