MJ - Weekly Cannabis Report: Pressure On Governance Heating Up
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 be slow and steady last week while holding onto the 2019 gains. Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) gained 1.6% and ETFMG Alternative Harvest ETF (MJ) gained 2.4%.
Canadian Large-Cap: Canopy (CGC) dropped 6.4% after the company filed an amended MD&A. It found a calculation error that resulted in a big understatement of YTD adjusted EBITDA. Tilray (TLRY)