Cannabis Stocks Tilray, Sundial Strike Major Gains Amid High Retail-Investor Interest

Shares of Tilray Inc. (NASDAQ: TLRY) and Sundial Growers Inc. (NASDAQ: SNDL) recorded double-digit gains in Wednesday’s regular trading session amid high retail-investor interest in the two Canada-based companies.

What Happened: Shares of Tilray gained 11.9% and Sundial Growers’ shares rose 13% in Wednesday’s trading after e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) said it supports the federal legalization of marijuana and will drop marijuana-testing requirements for some of its workers.

Optimism that cannabis reforms will make it easier for companies to do business also boosted these stocks.  

See also: How to Buy Tilray (TLRY) Stock

Both …

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More Cannabis Stocks Tilray, Sundial Strike Major Gains Amid High Retail-Investor Interest