CRON News & Events

Representative Guy Rechenthaler is sponsoring a bill to prohibit federal agencies from taking any adverse action against a person solely because the person provides business assistance to a cannabis-related legitimate business. H.R. 7987 also looks to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities of issuers that are cannabis-related legitimate businesses, and for other purposes. Publicly traded companies in the space include Aurora Cannabis (ACB), CV Sciences (CVSI), Canopy Growth (CGC), Cronos Group (CRON), Goodness Growth (GDNSF), Green Thumb Industries (GTBIF), IGC Pharma (IGC), Tilray (TLRY), Trees Corporation (CANN) and Trulieve Cannabis (TCNNF).

Latest data shows the largest indicative borrow rate increases among liquid option names include: indie Semiconductor (INDI) 6.61% +3.50, Direxion Daily Semiconductor Bear 3X Shares (SOXS) 12.36% +2.64, FS KKR Capital (FSK) 2.60% +2.10, ProShares UltraShort Silver (ZSL) 30.13% +0.78, Super Group Limited (SGHC) 0.83% +0.52, Antero Resources (AR) 11.28% +0.52, Direxion S&P Biotech Bull 3X (LABU) 14.03% +0.47, Cronos Group (CRON) 0.95% +0.36, Defiance Daily Target 2X Long RGTI ETF (RGTX) 27.26% +0.33, and SPDR S&P Biotech (XBI) 2.54% +0.27.

Latest data shows the largest indicative borrow rate increases among liquid option names include: ProShares UltraShort Lehman 20 plus Year Treasury (TBT) 15.57% +1.84, Rumble (RUM) 9.66% +1.38, Cronos Group (CRON) 2.01% +1.12, DeFi Development Corp (DFDV) 20.47% +0.96, New Fortress Energy (NFE) 29.92% +0.74, Paramount Skydance Corp (PSKY) 1.60% +0.71, APP Pharmaceuticals, Inc (APPX) 5.75% +0.55, Volatility Shares Trust XRP 2X ETF (XRPT) 8.48% +0.54, Avidity Biosciences, Inc. - Common Stock (RNA) 1.65% +0.51, and iShares S&P National AMT Free Municipal Bond Fund (MUB) 17.18% +0.47.