IVITF - Weekly Cannabis Report: Canadian Earnings Disappoint Acreage RTO
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 sold out last week as Canadian LPs reported disappointing earnings. Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) lost 6.2% while the ETFMG Alternative Harvest ETF (MJ) lost 5.8% last week.
Canadian Large-Cap: Canadian stocks sold off sharply last week after disappointing earnings. Canopy (CGC), Aurora (ACB), Tilray (TLRY), and Cronos (CRON) all reported disappointing earnings that promoted