OGRMF - Weekly Cannabis Report: Don't Expect Big Premiums In M&A
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 slide last week as the broader market continues to be dominated by trade headlines. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) dropped 1.4% and the ETFMG Alternative Harvest ETF (MJ) dropped 1.8%. U.S.-focused Horizons U.S. Marijuana Index ETF lost another 3.1%, extending its recent underperformance.
(Source: Bloomberg)
Canadian Large-Cap: Aurora Cannabis (ACB) rose 4% after reporting a solid quarter. Canopy