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Shares of cannabis companies rallied Thursday after President Joe Biden said he would pardon federal offenders for simple pot possession. Biden also asked for a review on marijuana’s current status as a Schedule 1 controlled substance under U.S. law. U.S. cannabis companies listed on the OTC as well as Canadian cannabis companies moved up sharply. […]

President Joe Biden on Thursday said he will pardon all prior federal offenses of simple possession of marijuana. “There are thousands of people who have prior federal convictions for marijuana possession, who may be denied employment, housing, or educational opportunities as a result,” Biden said in a statement. “My action will help relieve the collateral […]

A warehouse in the Netherlands swapped out natural gas for Bitcoin miner heating — saving money, efficiency and the planet. Source: Cointelegraph

Republican Sen. Ben Sasse of Nebraska is expected to retire in order to become president of the University of Florida, according to multiple published reports on Thursday. The university said in a news release on Thursday that its Presidential Search Committee has “unanimously recommended United States Senator Dr. Ben Sasse as the sole finalist for […]

Optimism that the Federal Reserve might back off of aggressive interest rate hikes is giving way to something else within financial markets: A feeling that things won’t likely get better for investors from here. Financial markets have vacillated between two narratives: One in which the prospects of weaker growth and financial instability force policy makers […]

Shares of Tesla Inc. TSLA, -0.59% rose 0.3% in afternoon trading Thursday, after S&P Global Ratings raised the electric vehicle (EV) maker’s credit rating by two notches into “investment grade” territory, given higher-than-expected deliveries and a ramp up in production to meet strong demand. The rating was raised to BBB, which is the second-lowest investment […]