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home / news releases / MEDIF - Weekly Cannabis Report: Canopy's Soul-Searching Moment

MEDIF - Weekly Cannabis Report: Canopy's Soul-Searching Moment

Medipharm Labs Corp

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 crashed hard last week. Horizons Marijuana Life Sciences Index ETF (HMLSF) dropped 7.6%, ETFMG Alternative Harvest ETF (MJ) lost 8.1%, and Horizons U.S. Marijuana Index ETF dropped 2.5%.

(Source: Bloomberg)

Canadian Large- and Mid-Cap: Canopy (CGC) and Tilray (TLRY) both reported calendar 2019 Q2 results that disappointed investors. Canopy reported the second consecutive quarter of declining recreational sales, dimming hopes for its near-term

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Stock Information
Company Name: Medipharm Labs Corp
Stock Symbol: MEDIF
Market: OTC
Website: medipharmlabs.com
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