In a day of volatile trading shares in Tilray hit an intraday high of $300, which is a near doubling from its previous close of $154.98. The shares, which closed at more than $214 for the day, then continued to lose ground in after-hours trading.
A spike in the Canadian cannabis company's stock price in recent days has made it the most valuable publicly traded pot company on the planet, with a market capitalization of almost $20 billion.
Cannabis peers traded higher in early USA trading Wednesday, with Cronos Group rising 12 per cent, Canopy Growth Corp. up 6 per cent, Aurora Cannabis Inc.
The drastic swings in the stock follow a almost 30 per cent jump on Tuesday after the Nanaimo, B.C. - based firm announced it got the green light from the U.S. Drug Enforcement Administration to export cannabis in capsule form to a researcher at a university in the U.S., where the drug is still illegal at the federal level.
Tilray is interested in the burgeoning market for consumer products that use ingredients from marijuana, CEO Brendan Kennedy said in an interview in New York Tuesday.
He raped her at gunpoint. Six years later, revenge
During the assault, prosecutors said White threatened the victim: "Shut up that screaming [expletive] or I'll kill you". Howard explained: 'As White opened his door, the victim opened her door and ran, but he chased her with a gun.
Kennedy noted that Tilray's IPO was just two months ago, although he added that he's always looking for ways to raise capital.
The company and a researcher at the University of California San Diego where the clinical study is taking place believe this is the first time a Canadian licenced company has been approved to export a cannabis product to the US, where marijuana of any kind is illegal at the federal level.
While cannabis is legalized in several states for recreational and medical use, it remains a Schedule 1 drug under US federal law.
This means the app is being updated to teach users how to use the new gestures on a new model of iPad to be released this fall. Apple on Tuesday seeded the first developer beta of iOS 12 .1, just one day after the general rollout of iOS 12 .
Fifteen Liberians, including the son of former president Ellen Johnson Sirleaf , are banned from leaving the country on Wednesday. But he was re-appointed interim central bank chief in February 2016, drawing accusations of nepotism.
Britain has been told it must "rework" its proposals on the Irish border as the Brexit negotiations enter a "decisive phase". "I now call on the Labour leadership to rule out a second referendum and stop trying to frustrate the Brexit process".
The supermarket giant literally pulled the pin following the crises across Australia which saw several fruits tampered with. They're asking us to contact Crime Stoppers if we know more, and are reminding us contaminating fruit is a criminal offence.
Earlier in the series, Mandel used his golden buzzer to send the 14-year-old straight through to the quarter finals. After the show, judge Simon Cowell alluded that he and Ketterer would work together in the future.
And that's exactly what many of them did when they shot back replies having seemingly uncovered the hidden message. That links to a popular, and debunked, fan theory that the film would be titled Avengers Forever.
On 22 August, China too, said that it was willing to play a "constructive role" in easing relations between India and Pakistan . The Pakistan PM added that the two countries also need to pay close attention to resolve differences on Siachin and Sir Creek.
Justice Department (DOJ) spokesman Marc Raimondi said he had no comment when The Epoch Times sought to confirm the news via email. Both outlets will also be required to identify themselves as registered foreign agents to United States audiences.
TGS 2018: 'No Plans' for Vita Successor, Says Sony
SIE senior vice president Hiroyuki Oda said that the company has no plans for a successor system to the PS Vita . Sony didn't immediately respond to a request for comment on whether or not the USA and Europe will follow suit.
Bring on more Walking Dead
The Walking Dead may be fulfilling its promise of being a "never-ending" zombie drama, with major expansions on the horizon. The report added that "The company would also take the franchise overseas, setting at least one series in another country".
KISS announce they will embark on final tour
KISS have announced what will supposedly be their final farewell tour, and it's shaping up to be a massive, worldwide affair. They announced their final, "End of the Road" world tour during an appearance on America's Got Talent yesterday (9/19).
On Mohamed Salah’s Champions League petulance
According to Uefa's official statistics the PSG goalkeeper Alphonse Areola suffered as many fouls (two) as Neymar, ... The Reds have one of the best attacks in England and in Europe with Roberto Firmino , Sadio Mane and Mohamed Salah.
Chelsea defender Rudiger: Everyone happy with Sarri
The 31-year-old has only been outscored by Belgium worldwide Eden Hazard , who has netted five goals in five outings. Marcos Alonso has revealed that Pedro Rodriguez has been impressing in Chelsea FC training under Maurizio Sarri .
At least 2 dead in senior home shooting
Police have implemented a two-mile radius lockdown surrounding the retirement community following the shooting. He was spotted in the van hours later, then crashed into a home near his ex-wife's house, authorities said.
Lovren charged with perjury
Lovren allegedly provided a false testimony in the trial of former Croatian football administrator and sports agent Zdravko Mamic. The defender could now face anywhere between six months and five years in prison, alongside Real Madrid midfielder Luka Modric.