πŸ“Š Cannabis Rescheduling: Industry Shake-Up

Hi everyone, here is your πŸ“Š Daily Trade.

Here's what's happening today:

⛏️ MagIron secures iron ore mining leases
πŸ“ˆ Medline closes upsized IPO with full underwriters' option
🌿 Cannabis rescheduling marks historic federal shift
πŸ“‰ Inflation slows but data may mislead Americans
πŸ’» AI drives U.S. GDP amid stagnant economy
🎁 +8 more stories you might like
⛏ MagIron Secures New Mining Leases in Minnesota Link
  • MagIron has obtained five new state iron ore mining leases in Minnesota.
  • These leases enable exploration and processing of in-situ oxidized hematite iron formation.
  • The move supports MagIron's plans to supply the U.S. steel industry's low-carbon needs.
πŸ“ˆ Medline Completes Successful IPO, Raising Significant Capital Link
  • Medline closed its upsized IPO, issuing 248 million shares at $29 each.
  • Proceeds will be used to repay debt and for general corporate purposes.
  • The stock is now listed on the Nasdaq under the symbol 'MDLN'.
🌿 Federal Rescheduling of Cannabis: A Landmark Policy Shift Link
  • Cannabis has been rescheduled from Schedule I to Schedule III under federal law.
  • This change recognizes its medical use and eases federal policy barriers.
  • FLUENT Corp. supports the move, noting it will aid market expansion and patient care.
πŸ“‰ Inflation Cools, But Data May Mislead Amid Economic Frustration Link
  • The Labor Department reports a 2.7% rise in consumer prices in November.
  • Data may be distorted due to a federal shutdown affecting collection processes.
  • Economists warn of ongoing high prices affecting Americans' cost of living.
πŸ’» AI Investments Drive U.S. GDP Growth in a Stagnant Economy Link
  • AI infrastructure investments accounted for 92% of GDP growth in 2025.
  • Despite tech sector growth, broader economic benefits remain limited.
  • Concerns rise over potential AI bubble impacting future economic stability.

Other news & articles you might like

  • ✈️ Former NASCAR star Greg Biffle dies in plane crash (Link)
  • βš–οΈ Deadline looms for James Hardie class action suit (Link)
  • πŸ“Š FNF announces final distribution ratio for F&G (Link)
  • πŸ”Œ Michigan approves DTE's data center energy plan (Link)
  • πŸ’° QuickFund AI emphasizes trading capital importance (Link)
  • πŸ”’ APQC unveils new cybersecurity risk management research (Link)
  • ⚠️ Integer Holdings faces class action lawsuit deadline (Link)
  • πŸš— CarMax sued over alleged securities fraud (Link)

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