Canopy Growth Corporation (NASDAQ: CGC) shares are trading higher Friday. Shares of CGC have gained more than 250% over the last month.
What To Know:
Stocks in the cannabis sector have been moving on a strong upward trend after it was reported that the Department of Health and Human Services recommended that the DEA reschedule marijuana from a Schedule I substance to a Schedule III substance.
Though the DEA has not publically responded to the recommendation, the news reignited hope among cannabis companies …