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CTST - Weekly Cannabis Report: Aphria Delivered The Unexpected
CannTrust Holdings Inc.
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector.
Trading Summary
Cannabis stocks saw a slight rebound last week. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) rose 3.2% and the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) dropped 1.0%. Meanwhile, the Horizons U.S. Marijuana Index ETF gained 0.4%.
(Source: Bloomberg)
Canadian Large- and Mid-Cap: Aphria (APHA) reported better than expected earnings which led to a 33% jump in the stock. Aurora (ACB) recouped most of