Cannabis stocks pull back, IMAX upgraded to Overweight
December 15, 2025
Yahoo Finance host Josh Lipton tracks today’s top moving stocks and biggest market stories in this Market Minute, including cannabis stocks like Tilray Brands (TLRY) and Canopy (CGC) pulling back ahead of expectations for President Trump to sign an executive order reclassifying marijuana to a Schedule III drug, and JPMorgan analysts upgrading IMAX (IMAX) shares to an Overweight rating.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance’s Market Minute.
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It’s time for Yahoo Finance’s market minute. Investors proceeding with caution as they wait for an upcoming flurry of economic data, a fresh batch of data to help set expectations for interest rate cuts in 2026.
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The Fed’s John Williams sees rates as modestly restrictive and expects the economy to pick up steam in 2026.
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Turning to cannabis, those stocks seeing a pullback after a big run last week. President Donald Trump is expected to issue an executive order reclassifying marijuana.
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It’s a shift that would allow cannabis companies to fall under different tax regulations.
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And lastly, IMAX gets an upgrade over J.P. Morgan, the firm lifting its rating on that stock from neutral to overweight.
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J.P. Morgan Morgan highlighting a change in IMAX’s position within the exhibition market, adding that the company more than ever appears to know its value to stakeholders.
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And that’s your Yahoo Finance market minute. Scan the QR code below to track the best and worst performing stocks of the trading session.
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