Trulieve Applauds Trump Administration Decision To Reschedule Marijuana to Schedule III
Prnewswire· 2025-12-18 19:07
Reclassification Eases Barriers to Research and Removes Punitive 280E Tax Burden TALLAHASSEE, Fla., Dec. 18, 2025 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., applauds action taken by the Trump Administration to reclassify marijuana to Schedule III under the Controlled Substances Act. "This bold and historic direction from President Trump represents long overdue change and a major milestone in ...
Trump signs executive order easing federal restrictions on marijuana
Business Insider· 2025-12-18 19:06
Core Points - President Trump signed an executive order to reclassify marijuana as a Schedule III drug, easing some federal restrictions and allowing for more research opportunities [1][3] - The reclassification is aimed at addressing the medical needs of individuals suffering from extreme pain and incurable diseases, positioning marijuana as a substitute for opioid painkillers [2][4] - Marijuana stocks experienced a surge in value following rumors of the executive order prior to its announcement [3] Industry Impact - The reclassification could provide tax relief for marijuana businesses in states where the substance is already legalized, potentially boosting the industry [2] - Trump's campaign for a third term in 2024 indicates a shift towards a more favorable stance on marijuana, suggesting future legislative support for the industry [4][5] - The executive order does not fully legalize marijuana but represents a significant step towards more lenient regulations, which could enhance market conditions for marijuana-related businesses [1][4]
Worried About the Stock Market in 2026? These 3 Stocks Did Well During the Last Bear Market.
Yahoo Finance· 2025-12-18 19:05
Key Points Invest in stocks with good fundamentals, solid growth prospects, and steady dividends. These blue chip stocks have strong businesses that generate consistently strong results. With exposure to healthcare and oil and gas, they can also help diversify your portfolio. 10 stocks we like better than AbbVie › Is the S&P 500 due for a crash next year? That's a big question on the minds of many investors these days. Concerns about bubbles in tech and overall high valuations for the stock mark ...
Trump signs executive order reclassifying pot, opening door to broader access
CNBC· 2025-12-18 19:05
U.S. President Donald Trump sits in the Oval Office to sign executive orders, at the White House in Washington, D.C., U.S., Dec. 18, 2025.President Donald Trump signed an executive order Thursday directing federal agencies to reclassify marijuana, loosening long-standing restrictions on the drug and marking the most consequential shift in U.S. cannabis policy in more than half a century.The order, once finalized by the Drug Enforcement Administration, moves cannabis out of Schedule I classification — the mo ...
Insurance Stock Surges 116% Amid Earnings Gap-Up; Nears Entry
Investors· 2025-12-18 19:04
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HDFC, BoB raise $1.5 billion from overseas loan market
The Economic Times· 2025-12-18 19:04
“MUFG was the sole lender in the HDFC Bank transaction, which was priced at 94 basis points above the three-month benchmark SOFR (secured overnight financing rate) for a three-year period. HDFC Bank has raised the money from its GIFT branch for its on-lending purposes, which is a rare borrowing for the bank,” a person aware of the transaction said on condition of anonymity.A basis point is a hundredth of a percentage point.An HDFC Bank spokesperson did not reply to an email seeking comment. An MUFG spokesp ...
Trump moves to ease cannabis restrictions - what does it mean for consumers?
Reuters· 2025-12-18 19:04
U.S. President Donald Trump said he will direct the U.S. Department of Justice to reclassify cannabis as a less dangerous drug. Here's a look at what that would mean for people shopping at dispensarie... ...
Lululemon Athletica (NASDAQ:LULU) Maintains Hold Rating Amidst Leadership Changes and Elliott Management's Investment
Financial Modeling Prep· 2025-12-18 19:03
Core Viewpoint - Lululemon Athletica is experiencing significant changes, including a major investment from Elliott Management and potential leadership shifts, which may impact its market position and future performance [2][3][5]. Company Overview - Lululemon Athletica specializes in high-quality athleisure wear, appealing to both fitness enthusiasts and casual wearers, and competes with major brands like Nike and Under Armour [1]. Stock Performance - Lululemon's stock price is currently $207.87, reflecting a 0.55% increase, with fluctuations between $201.01 and $209.45 during the trading day [4]. - The stock has seen a notable increase of nearly 8% in premarket trading due to Elliott Management's acquisition of a $1 billion stake [3][6]. - Over the past year, Lululemon's stock has experienced highs of $423.32 and lows of $159.25, indicating significant volatility [4]. Analyst Ratings - Jefferies maintains a "Hold" rating for Lululemon and has raised the price target from $170 to $200, reflecting a more optimistic outlook for the company's future performance [2][6]. Strategic Changes - Elliott Management's investment positions it as a major shareholder, advocating for a shake-up in the CEO position to rejuvenate the brand [3][5]. - The current CEO is set to step down in January, and Elliott Management is collaborating with Jane Nielsen, a former Ralph Lauren executive, for the CEO role [5].
Verint Recognized as Market Leader in Frost & Sullivan's Voice of Customer Analytics 2025 Report
Businesswire· 2025-12-18 19:02
MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--Verint®, The CX Automation Company, today announced it was named a Leader in the Frost & Sullivan Frost Radarâ"¢: Voice of Customer Analytics, 2025 Report. The report highlights Verint's 50+ AI-powered CX Automation bots, open platform flexibility and outcome-driven deployment model providing measurable business outcomes. "Verint's strategy is centered on helping brands start small, prove measurable impact quickly and scale confidently,†said Frost & Sulli. ...
Oracle's fall from grace has made it the poster child for AI-bubble excess
Yahoo Finance· 2025-12-18 19:01
REUTERS/Tom Brenner Oracle was a market darling as recently as three months ago. The company's stock has tumbled 46% from those highs. The shift in fortunes offers a stark warning for companies riding the AI wave. September 10, 2025 was one of the feel-good days of the year in markets. At the center of the party was Oracle, the legacy tech company who stormed the gates of the AI trade with a blockbuster forecast for its cloud-infrastructure business. Investors were so fired up about Oracle's AI ...