ACB - Weekly Cannabis Report: M&A Deals Keep Getting Cancelled
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 declined across the board. The Horizons Marijuana Life Sciences Index ETF (HMLSF) declined 4.2%, the ETFMG Alternative Harvest ETF (MJ) fell 2.3%, and the Horizons U.S. Marijuana Index ETF dropped 1.0%.
(Source: Bloomberg)
Canada: Aurora Cannabis (ACB) declined 14% after rumors were proven true on Saturday that its COO had left the company. Tilray (TLRY) fell 7% after beginning shipment to