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

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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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