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Smith said the focus now is “on GE and GE supply chain, getting them back on the recovery plan.” engraved cufflinks groomsmen uk sale. “We’re still not fully recovered and don’t expect to until the end of the year,” he added. His comments come after the U.S. Federal Aviation Administration issued an emergency airworthiness directive on Wednesday to address how to handle erroneous data from a sensor on the Boeing 737 MAX jet in the wake of last week’s Indonesian jetliner crash. Boeing said in a statement that it had alerted pilots to the issue. The FAA said it was mandating that airlines follow the Boeing bulletin..
NEW YORK (Reuters) – Shares of cannabis companies rose on Wednesday as results from the previous day’s U.S. elections pointed to more favorable political conditions for the cannabis industry. Tilray Inc (TLRY.O) shares jumped 30.6 percent. Shares of New Age Beverages Corp (NBEV.O), which has previously announced intentions to expand into cannabis products, climbed 20.1 percent. U.S engraved cufflinks groomsmen uk sale. shares of Canadian companies Canopy Growth Corp (CGC.N) (WEED.TO), Aurora Cannabis Inc (ACB.N) (ACB.TO) and Cronos Group Inc (CRON.TO) (CRON.O) rose between 8 and 10 percent. The ETFMG Alternative Harvest ETF (MJ.P) posted a 7.1 percent gain..
Trading volume for the stocks was also brisk. Volume for shares of Tilray, whose volatility has served as a bellwether of investor sentiment toward the cannabis industry, was more than four times its 10-day moving average engraved cufflinks groomsmen uk sale. Cannabis shares initially rose upon the passage of ballot initiatives in several states approving marijuana use. Michigan became the 10th state to approve recreational use of marijuana, while Missouri and Utah passed measures to legalize medical use of the drug. A measure to approve recreational marijuana use in North Dakota failed, however. The drug remains illegal under U.S. federal law..
(Graphic: tmsnrt.rs/2Pc7Lpa) engraved cufflinks groomsmen uk sale. “There’s a number of major steps to go through for the industry to develop the potential that is there,” said Tom Plumb, portfolio manager at Wisconsin Capital Management in Madison, whose holdings include Canopy Growth. “It’s going to be in the best interest of government to basically get handles on this industry.”. The stocks added to their gains, with Tilray shares hitting a session high, after reports that U.S. Attorney General Jeff Sessions was fired. Sessions, an opponent of marijuana’s legalization, had given prosecutors a greenlight to aggressively enforce federal laws against the drug in states where it had been decriminalized..
Despite the stocks’ rally, Sessions’ departure likely has little impact on the cannabis industry, said Jordan Waldrep, senior portfolio manager at USA Mutuals in Dallas, whose holdings include Canopy Growth, Aurora Cannabis and Cronos Group engraved cufflinks groomsmen uk sale. Nonetheless, Waldrep said, the passage of state initiatives and general voter sentiment indicate growing momentum for the cannabis industry. “It’s showing us the trend of voter opinion,” he said. “There’s no putting the genie back in the bottle on this one.”..