Latest news for Orora (OTC:ORRAF) Stock

Orora Ltd was created in late 2013 when Amcor demerged its Australasian fibre and beverage packaging operations and North American packaging distribution business. Orora's Australasian business is focused on glass bottles, beverage cans, and wine closures, after agreeing to divest its fibre business in late 2019. Orora has the number-one position in beverage cans and number-two position in glass bottles and wine closures. Its primary competitors are Visy Group and Owens-Illinois. The North American business is focused on packaging distribution, but has also expanded into point-of-purchase retail display solutions.

Orora Ltd

Goldman Sachs analyst Joe Ritchie maintains Core &amp; Main (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) with a Neutral and raises the price target from $50 to $57.

News

Price Target

Analyst Ratings

Goldman Sachs Maintains Neutral on Core & Main, Raises Price Target to $57

Goldman Sachs analyst Alexandra Steiger maintains Chewy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) with a Buy and raises the price target from $35 to $40.

CHWY

Goldman Sachs Maintains Buy on Chewy, Raises Price Target to $40

Goldman Sachs analyst James Schneider maintains AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) with a Buy and raises the price target from $25 to $28.

Goldman Sachs Maintains Buy on AT&T, Raises Price Target to $28

Lockheed Martin's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) short percent of float has risen 15.52% since its last report. The company recently reported that it has 2.65 million shares sold short, which is 1.34% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.22 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Lockheed Martin Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733419823_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Lockheed Martin has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Lockheed Martin's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Lockheed Martin's peer group average for short interest as a percentage of float is 3.35%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into Lockheed Martin's Recent Short Interest

Quanta Services's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWR#NYSE">PWR</a>) short percent of float has risen 16.27% since its last report. The company recently reported that it has 4.45 million shares sold short, which is 3.43% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.19 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Quanta Services Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733419817_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Quanta Services has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Quanta Services's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Quanta Services's peer group average for short interest as a percentage of float is 4.46%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About Quanta Services?

ZSPC

zSpace Shares Halted On Circuit Breaker To The Upside, Stock Now Trading At $9.25/Share

Targa Resources's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE">TRGP</a>) short percent of float has fallen 5.38% since its last report. The company recently reported that it has 3.30 million shares sold short, which is 1.76% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.96 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Targa Resources Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733419812_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Targa Resources has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Targa Resources's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Targa Resources's peer group average for short interest as a percentage of float is 4.11%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

TRGP

(TRGP) - Analyzing Targa Resources's Short Interest

Benchmark analyst Mark Palmer downgrades Shift4 Payments (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOUR#NYSE">FOUR</a>) from Buy to Hold.

Downgrades

FOUR

Benchmark Downgrades Shift4 Payments to Hold

Legal

U.S. Court Rejects Plea Agreement In Boeing Case In District Court Northern District Of Texas

AAPL

ORCL

WDAY

On CNBC, Bill Baruch Announced Bought Oracle; Bought Workday; Bought More Apple

BMO Capital analyst Sohrab Movahedi maintains Royal Bank of Canada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RY#NYSE">RY</a>) with a Outperform and lowers the price target from $195 to $193.

BMO Capital Maintains Outperform on Royal Bank of Canada, Lowers Price Target to $193

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Xenetic Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XBIO#NASDAQ">XBIO</a>) from Neutral to Neutral.

Reiteration

XBIO

HC Wainwright & Co. Reiterates Neutral on Xenetic Biosciencesto Neutral

The Food Standards Agency (FSA) will recommend a first set of three CBD product applications to ministers in spring/summer 2025, the agency said in its latest <a href="https://www.food.gov.uk/board-papers/cbd-novel-food-applications">report</a>. A recommendation will be made following an eight-week public consultation launching in early 2025.
"Three applications for CBD (&gt;98% purity) isolated from Cannabis sativa have now received positive safety assessments – meaning that the FSA/ have concluded that the applicants have provided sufficient information to assure us they are safe under the proposed conditions of use," reads the paper. "These applications are now undergoing risk management, the purpose of which is to consider any other legitimate factors that may affect a decision to authorise, before making a recommendation to Ministers about authorisation, including any conditions that may be required such as labelling and consumer information.&nbsp;This paper seeks steers from the FSA Board to guide our overall approach."
Consideration at the ministry level sometimes takes months, which means that the country's first legal products could reach the shelves at the end of 2025, <a href="https://hemptoday.net/public-consultation-on-cbd-in-uk-set-for-early-next-year-as-approval-process-grinds-on/">writes</a> Hemp Today. The outlet further suggests that public consultation could raise concerns over several important matters such as allowable THC levels in CBD products and the daily intake limit for CBD.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/07/39845621/cbd-gains-novel-food-approval-in-the-uk-setting-new-global-standard-in-the-industry">CBD Gains Novel Food Approval In The UK, Setting New Global Standard In The Industry</a>
Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.
<h2 class="wp-block-heading">THC Levels And Recommended Daily Intake Of CBD</h2>
The issue with the level of THC stems from the FSA's alignment with the Home Office's strict rule that says any amount of THC in a product classifies it as a controlled substance under the Misuse of Drugs Act. Nevertheless, products can get an exemption if the THC is at very low levels and can't be easily extracted in harmful amounts. To get the exemption, the CBD product in question must not be intended for delivering THC to humans or animals.
In Oct. 2023, the FSA <a href="https://www.benzinga.com/markets/cannabis/23/10/35281463/uk-slashes-acceptable-daily-intake-of-cbd-in-foods-to-10mg-why-how-will-this-affect-the-sector">significantly lowered the recommended daily intake of CBD</a> from foods, after reviewing a <a href="https://acnfp.food.gov.uk/sites/default/files/2023-09/ACNFP_COT%20Pure%20form%20CBD%20position%20paper_0.pdf" target="_blank" rel="noreferrer noopener">joint position paper</a> on the matter from the Advisory Committee on Novel Foods and Process and Committee on Toxicity (COT). Following the issued guidance, FSA now recommends a maximum of 10mg or "about 4-5 drops of 5% CBD oil" per day, down from 70mg recommended three years ago.
This compares to a recommended maximum daily intake of 17.5mg CBD proposed by the European Industrial Hemp Association to the European Food Safety Authority.
Continue reading on <a href="https://hemptoday.net/public-consultation-on-cbd-in-uk-set-for-early-next-year-as-approval-process-grinds-on/">Hemp Today</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/11/41890232/uk-relaxes-hemp-rules-skips-raising-thc-limits-or-cutting-licensing-fees">UK Relaxes Hemp Rules, Skips Raising THC Limits Or Cutting Licensing Fees</a></li>
</ul>
Photo: Courtesy of Bukhta Yurii via Shutterstock

Cannabis

Eurozone

UK Set To Approve First Three CBD Products In 2025 After Public Consultation

Traders are laser-focused on November's jobs data, slated for release this Friday, as one of the last pivotal data points — along with next week's inflation report — that could shape the Federal Reserve&#8217;s decision on a potential rate cut <a href="https://www.benzinga.com/topic/interest-rates">at its Dec. 18 meeting.</a>
With market odds sitting at about a 70% chance for a 25-basis-point reduction, the stakes are high.
Here's what the numbers need to show to lock in the move.
<h1 class="wp-block-heading">Nonfarm Payrolls Expected To Rebound Sharply From October Disruptions</h1>
After October's disappointing gain of just 12,000 jobs — a number heavily skewed by hurricanes and strikes — economists expect November will reflect stronger job growth as the effects of weather and strikes fade.
Consensus estimates peg November's nonfarm payroll growth at 200,000, according to TradingEconomics. 
Earlier this week, Federal Reserve Governor Adriana Kugler indicated October's disruptions may have caused 100,000 to 120,000 jobs to go unaccounted for, which could <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42299957/feds-kugler-sees-inflation-progress-but-warns-policy-is-not-on-a-preset-course">now materialize in November.</a>
Private payrolls data, however, painted a slightly murkier picture. The ADP National Employment Report for November — which uses private payrolls data from about 25 million employees — showed that U.S. businesses added 146,000 jobs, down from 184,000 in October and slightly below expectations of 150,000.
Economists expect the unemployment rate to tick up from 4.1% in October to 4.2% in November.
Average hourly earnings are projected to rise 0.3% month-over-month, down from 0.4% in October, and show a 3.9% annual increase, a slight cooling from 4.0% previously.
<h1 class="wp-block-heading">What It Means For Interest Rates</h1>
If November's report reveals softer-than-expected payroll growth, a slight rise in unemployment, and wage gains that align with or fall below forecasts, expectations for a December rate cut would likely firm up. 
In this case, policymakers might view the cooling labor market and tempered wage growth as evidence that inflation pressures are easing, paving the way for monetary easing.
On the other hand, a sharp November payroll increase combined with stronger-than-expected wage growth could force traders to recalibrate their bets. A hot jobs report would suggest a resilient, tight labor market, potentially reducing the urgency for the Fed to cut rates and increasing the chances of a pause.
<h1 class="wp-block-heading">Analyst Projections</h1>
Comerica expects a robust 250,000 jobs to be added in November but anticipates the unemployment rate will edge higher to 4.2%. 
This slight uptick, they said, could reflect previously sidelined workers — those affected by October's hurricanes and other one-off disruptions — returning to the labor market.
Analysts at JPMorgan are even more optimistic, forecasting a 275,000 job gain for November. 
They indicate the recent slowdown was "almost entirely" due to temporary issues, including hurricanes and the high-profile Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) strike, which suppressed October's growth by as much as 125,000 jobs. According to JPMorgan, "the underlying trend in job growth hasn't changed much from earlier months," signaling a labor market still firing on most cylinders.
Goldman Sachs is slightly more measured but still optimistic, projecting 235,000 jobs added in November. 
The firm highlighted "big data" indicators suggesting a pick-up in hiring momentum and estimated the resolution of hurricane disruptions could contribute roughly 50,000 jobs to the total.
BNP Paribas is taking a more cautious tone, forecasting 225,000 jobs but warning that special factors — such as election-related hiring and the resolution of the Boeing strike — could obscure the true underlying strength of the labor market.
They described the likely outcome as "just ambiguous enough" to keep the December rate cut as their base case: strong enough to signal growth, but not so robust as to derail Fed easing expectations.
Read Now:
<ul>
<li><a href="https://www.benzinga.com/24/12/42324505/jerome-powell-says-us-economy-in-remarkably-good-shape-fed-can-be-little-more-cautious-with-interest-rates">Jerome Powell Says US Economy In &#8216;Remarkably Good Shape,&#8217; Fed Can Be &#8216;A Little More Cautious&#8217; With Interest Rates</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Macro Economic Events

Econ #s

Economics

Federal Reserve

November Jobs Report Preview: Will It Seal The Deal For A Fed Interest Rate Cut?

ORIS

Oriental Rise Shares Halted On Circuit Breaker To The Downside, Stock Now Up 6.12%

BMO Capital analyst Simeon Siegel maintains American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) with a Market Perform and lowers the price target from $22 to $20.

BMO Capital Maintains Market Perform on American Eagle Outfitters, Lowers Price Target to $20

Needham analyst Serge Belanger reiterates KalVista Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALV#NASDAQ">KALV</a>) with a Buy and maintains $28 price target.

KALV

Needham Reiterates Buy on KalVista Pharma, Maintains $28 Price Target

BMO Capital analyst Etienne Ricard maintains TMX Group (TSX:<a class="ticker" href="https://www.benzinga.com/stock/X#TSX">X</a>) with a Outperform and raises the price target from C$50 to C$52.

TSX:X

BMO Capital Maintains Outperform on TMX Group, Raises Price Target to C$52

While shale oil producers have enjoyed an advantage over gas producers over the past 15 years, the situation is likely to reverse in 2025, according to JPMorgan.
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59b8033d15737d000128a73d/arun-jayaram">Analyst Arun Jayaram</a> said in a note that natural gas producers are likely to benefit from three "powerful secular demand trends" in 2025:
<ul>
<li>The build-out of significant LNG export capacity</li>
<li>Rising power demand from electrification</li>
<li>The switch from coal to natural gas</li>
</ul>
Natural gas prices could remain above $3.50 per MMBtu (Metric Million British Thermal Unit) in the long term, as this price reset to a higher level will be needed to incentivize incremental supply growth from higher-cost gas basins, Jayaram stated.
The Rating Changes
ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) – upgraded from Neutral to Overweight.
While the stock has underperformed peers year-to-date, the company is likely to be "one of the few E&amp;Ps in our coverage that raise cash return in 2025," including $6.0 billion in share buybacks, the analyst said.
Devon Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) &#8211; downgraded from Overweight to Neutral.
The company faces tougher comps in 2025, given its strong well productivity so far. "Another factor that supports our downgrade is the sizeable PE overhang post the Grayson Mill deal (~6% of shares outstanding)," Jayaram wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
SM Energy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>) &#8211; downgraded from Overweight to Neutral.
The downgrade reflects a "preference for natural gas exposure" and the company's near-term cash return lagging peers," he stated.
CNX Resources Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) &#8211; downgraded from Neutral to Underweight.
The stock has outperformed year-to-date and the company has "less near-term gas exposure compared to gassy peers given its robust hedge book," the analyst said.
Price Action
At the time of publication Thursday:
<ul>
<li>Shares of ConocoPhillips had risen by 0.58% to $104.10.</li>
<li>Devon Energy's stock had declined by 0.93% to $36.14.</li>
<li>SM Energy's stock had risen by 0.98% to $42.34.</li>
<li>Shares of CNX Resources were down 0.21% at $38.15.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42340255/opec-extends-oil-output-cuts-to-late-2026-what-it-means-for-markets">OPEC+ Extends Oil Output Cuts To Late 2026: What It Means For Markets</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Long Ideas

Upgrades

Commodities

JPMorgan Bets On Natural Gas For 2025: Upgrades ConocoPhillips, Lowers 3 Energy Stocks

In the aftermath of President Joe Biden&#8216;s <a href="https://www.benzinga.com/markets/cannabis/24/12/42274099/after-hunter-pardon-biden-may-consider-others-what-to-expect">controversial move</a> to <a href="https://www.benzinga.com/24/12/42258387/biden-grants-full-and-unconditional-pardon-to-hunter-i-hope-americans-will-understand">grant</a> his son Hunter Biden a full and unconditional pardon, both Democrats and Republicans criticized the decision and now cannabis advocates are getting louder. 
Radio host Charlamagne the God pointed out that Biden could and should also pardon individuals imprisoned for non-violent cannabis offenses.
"Right now, if Joe Biden wanted to – don't need no votes, no nothing – he could pardon every single person who is federally jailed for a non-violent weed offense," Charlamagne the God said, according to Beard Bros Pharm press release.
<ul>
<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.</li>
</ul>
In his statement, Biden did not claim that his son was falsely accused. He said individuals are &#8220;almost never brought to trial on felony charges solely for how they filled out a gun form.&#8221;
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/40869663/meet-the-man-serving-a-40-year-sentence-for-non-violent-cannabis-charges-awaiting-pardon-from-bi">Meet The Man Serving A 40-Year Sentence For Non-Violent Cannabis Charges, Awaiting Pardon From Biden</a> 
<h3 class="wp-block-heading">How About Pardoning This Man, President Biden?</h3>
Edwin Rubis, who has already served 27 years of a 40-year sentence for non-violent cannabis trafficking offenses, does not deny violating the law as it was written in the late 1990s.
"The difference is that Hunter Biden will never see a prison cell," Beard Bros Pharm press release said. "The POTUS referred to his son&#8217;s conviction as a &#8216;miscarriage of justice&#8217;. If that is the standard then it&#8217;s time to grant clemency to Edwin Rubis and all Americans federally incarcerated for non-violent cannabis crimes."
In an earlier statement, Rubis said he no longer believes he belongs in prison, asserting he is not a threat to society.
"The Bureau of Prisons has categorized me as a low non-violent offender for recidivism purposes. I am a non-violent cannabis offender. I believe in redemption,&#8221; Rubis said in a Beard Bros Pharm press release. &#8220;I am a compassionate and relatable individual who does not judge others by their culture, creed, or religion, but by the intentions of their heart. I am honest and loyal; responsible and accountable. I deserve a second chance at life."
<h3 class="wp-block-heading">Biden Under Pressure To Fulfill His Promise</h3>
The Last Prisoner Project (LPP) <a href="https://www.benzinga.com/news/legal/24/11/42177984/joe-biden-how-about-pardoning-non-violent-cannabis-prisoners-along-with-those-thanksgiving-turkeys">called on Biden recently </a>to fulfill his promise that &#8220;no one should be in jail for marijuana&#8221; by granting clemency to individuals still incarcerated for nonviolent cannabis offenses.
LPP, a non-profit cannabis justice reform organization, pointed out that the clock is ticking, the <a href="https://www.benzinga.com/markets/cannabis/24/09/40805469/biden-faces-pressure-to-release-thousands-imprisoned-for-federal-cannabis-convictions">#Countdown4Clemency campaign</a> is coming to an end and is urging Biden <a href="https://www.benzinga.com/markets/cannabis/24/11/42087262/president-biden-people-are-still-in-jail-for-marijuana-despite-your-promise-cannabis-clemency-advocates-call-for-change">to take action.</a> Sixty-seven Democratic members of Congress did the same in a November <a href="https://www.benzinga.com/markets/cannabis/24/11/42122853/67-lawmakers-urge-biden-to-grant-clemency-to-people-still-in-jail-for-cannabis-offenses">letter to Biden.</a>
&#8220;Now is the time to use your clemency authority to rectify unjust and unnecessary criminal laws passed by Congress and draconian sentences given by judges,&#8221; reads the <a href="https://s3.documentcloud.org/documents/25354946/2024-11-20-letter-to-president-biden-on-clemency.pdf">letter</a>. &#8220;We urge you to use your executive clemency power to reunite families, address longstanding injustices in our legal system, and set our nation on the path toward ending mass incarceration.&#8221;
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/10/41383656/theyre-still-in-prison-for-cannabis-says-420-420-ceo-how-one-text-campaign-seeks-justice">&#8216;They&#8217;re Still In Prison For Cannabis&#8217; Says 420-420 CEO: How One Text Campaign Seeks Justice</a></li>
</ul>

Government

Regulations

Politics

Advocates Urge Biden To Free Non-Violent Cannabis Offenders After Pardoning His Son

Orora Ltd. (AU:ORA) has released an update. Orora Ltd has announced an update regarding its dividend distribution, revealing the Dividend Reinvestm...

Orora Ltd Announces DRP Price Update

Orora Ltd. (AU:ORA) has released an update. United Super Pty Ltd has increased its stake in Orora Limited, with its voting power rising from 5.04% ...

United Super Pty Ltd Ups Stake in Orora Limited

Orora Ltd. (AU:ORA) has released an update. Orora Limited has issued a final director's interest notice, indicating that Abigail Cleland ceased to ...

Orora Ltd Announces Director Abigail Cleland's Departure

Orora Ltd. (AU:ORA) has released an update. Perpetual Limited, a substantial holder in Orora Limited, has increased its voting power from 6.545% to...

Perpetual Limited Ups Stake in Orora Ltd

Orora Ltd. (AU:ORA) has released an update. Allan Gray Australia Pty Ltd, a substantial holder in Orora Limited, has increased its voting power fro...

Orora Ltd Shareholder Increases Voting Power

Orora Ltd. (AU:ORA) has released an update. Orora Ltd. has undergone significant transformation in 2024, focusing on sustainable beverage packaging...

Orora Ltd. Transforms with Strategic Portfolio Shift

Orora Ltd. (AU:ORA) has released an update. Orora Ltd. held its 2024 Annual General Meeting, where key resolutions were passed, including the elect...

Orora Ltd. Gains Strong Shareholder Support at AGM

Jarden analyst Jakob Cakarnis maintained a Buy rating on Orora Ltd. (ORRAF – Research Report) today and set a price target of A$2.70. The company's...

Orora Ltd. (ORRAF) Receives a Buy from Jarden

Orora Ltd. (AU:ORA) has released an update. Orora Ltd. has announced a change in the substantial holdings by Perpetual Limited, which has increased...

Orora Ltd. Gains Increased Interest from Perpetual

Jarden analyst Jakob Cakarnis maintained a Buy rating on Orora Ltd. (ORRAF – Research Report) on December 2 and set a price target of A$2.70. The c...

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