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HRVSF - Weekly Cannabis Report: Balance Sheet To Dictate Fate In 2020
Harvest Health & Recreation Inc (Sub Voting)
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector.
Trading Summary
The Horizons Marijuana Life Sciences Index ETF (HMLSF) dropped 3.2%, the ETFMG Alternative Harvest ETF (MJ) fell 1.7%, and the Horizons U.S. Marijuana Index ETF fell 2.5%.
(Source: Bloomberg)
Canada: Aurora Cannabis (ACB) plunged 18% after two research analysts downgraded the stock citing balance sheet risks; we already sounded the alarm on Aurora's cash problem back in December. HEXO (HEXO) continues to drop