ACB - Weekly Cannabis Report: Canopy Taking Advantage Of Acreage
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 continued to struggle last week. Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) dropped 3.1% and ETFMG Alternative Harvest ETF (MJ) lowered by 3.4%. Horizons released a new ETF called U.S. Marijuana Index ETF which has all major U.S. players.
(Source: Bloomberg)
Canadian Large-Cap: Aphria (APHA) was the big mover last week after its stock tanked 24% due to disappointing quarterly results. Canopy led