German cannabis firm shares pop after new government pledges to legalize the drug

Shares of German cannabis company SynBiotic rose sharply on Thursday shortly after the incoming government pledged to make the drug legal. The Munich-based company‚Äôs shares were up 33% to 29 euros ($33) on the Frankfurt stock exchange. The company now has a market cap of over 100 million euros. A deal was reached on Wednesday…

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