Cannabis stocks get a boost as New York Sen. Schumer prepares to introduce a bill that would legalize cannabis at the federal level.

Stocks are set to extend a drop fueled by a selloff in tech shares; Tesla slumps on a report it has halted a land purchase in Shanghai; ARK slashes its Apple holdings.

In a deal linking two Calgary cannabis providers, Sundial will pay C$131 million (US$106.7 million) of cash and stock for Inner Spirit.

Cannabis stocks were on watch as the SAFE Banking Act passed the U.S. House of Representatives last week.

New York's legislature approved a bill that would legalize recreational cannabis and approve sales to people over 21. It awaits the governor's signature.

See how cannabis stocks like Sundial Growers, Trulieve and Tilray performed last week after New York agreed to a deal to legalize marijuana use.

Jim Cramer shares stock-market news including Coinbase's plans for a direct listing, Shake Shack's deal with Uber Eats and the latest NFT news.

Nasdaq futures slump as Treasury yields soar; the Fed expects to keep interest rates near zero through 2023; AMC says most U.S. theaters to be opened by Friday; Nike and FedEx report earnings.

Sundial reported revenues of $13.6 million for the fourth quarter, versus analyst estimates of $11.1 million.

The billionaire and crypto investor was in business with Voyager Digital which went bankrupt early July.

The builder confidence index breached the break-even measure of 50 in August for the first time since May 2020.

China is a crucial country for Tesla for its domination of the market of electric vehicles.