Cannabis stocks surge after Governor Andrew Cuomo says New York is 'very close' on legalization

Cannabis stocks surge after Governor Andrew Cuomo says New York is 'very close' on legalization

The comments came at a Monday afternoon news conference, in which Cuomo added that “we have to get it done this year.” Shares of several marijuana sector ETFs surged as much as 4% in …
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Lordstown Motors hit by massive fraud accusations

Lordstown Motors was a bit of an American hero. It offered an impressive electric truck designed and built in the US of A and, if you were to believe what its CEO, Steve Burns, said, demand was high. However, a new report from Hindenburg Research has …
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GE stock rallies after tough week as bullish analysts defend jet-leasing deal

GE stock rallied 6% on Monday as bullish analysts defended the company after a rocky few days last week that saw the stock fall more than 10%. On Wednesday, the conglomerate announced the sale of GE Capital Aviation Services, the largest remaining …
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Quebec, federal governments invest $100 million in Lion Electric battery plant

Lion Electric said the plant, which it plans to build near its headquarters in St-Jerome, Que., north of Montreal, will create 135 jobs once completed in 2023. Prime Minister Justin Trudeau …
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Ex-BofA, Carlyle Dealmakers Plan $300 Million Consumer SPAC

… than $213 billion of SPAC IPOs have been announced globally in the last 12 months, according to data compiled by Bloomberg, with Moelis & Co.
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