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‘Reddit army’ turns attention to cannabis stocks – Sydney Morning Herald
Participants on the WallStreetBets forum on Reddit, which fuelled the GameStop trading frenzy that squeezed out Wall Street short-sellers who had bet on a price…
US Vice President Kamala Harris said in the presidential campaign marijuana would be decriminalised at a federal level in the United States under a Biden administration.
Swaggystocks, which aggregates sentiment on shares discussed on WallStreetBets which has about 8 million participants, showed Sundial and Tilray were the most or highly touted stocks.
Analysts said the retail bet carried risks. Chris Bailey, a strategist at Raymond James in London, said it was still a highly speculative area where…
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