
Pot Stocks Soar on Report Trump Mulling Drug Reclassification
The stock of greenhouse production firm Village Farms International Inc. surged as much as 42% on Monday, its biggest intraday jump since June 2017. Tilray Brands Inc., Canopy Growth Corp., Aurora Cannabis Inc., SNDL Inc. and Cronos Group Inc. all climbed by double digits after the Wall Street Journal reported that the US president was interested in making the change.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Wall Street Journal
a few seconds ago
- Wall Street Journal
Heard on the Street Tuesday Recap: Is a Rate Cut Coming?
Inflation remained steady in July, even as tariff increases began to show up more clearly. Consumer prices rose 2.7% in July from a year earlier, unchanged from June's gain. That was below the 2.8% rise expected by economists and keeps an interest-rate cut firmly on the table for September. Stocks advanced, with the Nasdaq Composite and the S&P 500 setting records. The Nasdaq added 1.4% and the S&P and Dow industrials both gained 1.1%. Treasury yields were mostly higher. The 10-year yield neared 4.3%. Intel shares rallied after President Trump said he had met with the chip maker's CEO. The president said Monday's meeting, also attended by Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, was 'very interesting.' Intel shares rose 5.6%.


Bloomberg
a few seconds ago
- Bloomberg
Odd Lots: How to Move Freight Across the Icy Roads of Alaska
We're interested in trucking here at Odd Lots. It's one of those industries that can tell us a lot about the economy, both in terms of the short-term cycle, and also long-term structural trends. Of course, we know that the industry is prone to big boom and bust cycles. And Alaska itself -- driven so much by oil and natural resource extraction -- is also known for its boom and bust cycles. So on our trip there, we spoke with Josh Norum, the CEO of Sourdough Express, an Alaska based trucking company that's been around for over a century. We talked about how the business works, the history of the company, the current economic environment, tariffs, and the unique challenge (and opportunity) of moving freight in America's northernmost state.

Wall Street Journal
a few seconds ago
- Wall Street Journal
Consumer Sentiment, Retail Sales, Cisco Earnings: Still to Come This Week
The rest of this week brings more economic data, including a report on wholesale inflation on Thursday and retail-sales figures on Friday. Also up ahead are earnings from companies including Deere, network-equipment maker Cisco and Applied Materials. Here's what to watch: Today