CNPOF - Weekly Cannabis Report: Rally Fizzled Ahead Of Canada Earnings
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector.
Trading Summary
The rally in cannabis stocks seems to have fizzled last week after a strong January. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) dropped 2.8% and the ETFMG Alternative Harvest ETF (MJ) dropped 4.3%.
Canadian Large-Cap: Canadian large-caps declined slightly last week. High flyers Aphria (APHA) and Cronos (CRON) both declined after reporting >30% gains the prior week. Canopy (CGC) also