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SVVTF - Weekly Cannabis Report: Should You Buy The Dips After Equity Offerings?
TILT Holdings Inc
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 tumbled last week as the broader market fell on trade concerns. The Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) dropped 3.1% and the ETFMG Alternative Harvest ETF (MJ) dropped 3.2%. U.S.-focused Horizons U.S. Marijuana Index ETF also slumped 5.1%.
(Source: Bloomberg)
Canadian Large-Cap: Canopy (CGC) dropped 3% along with the cannabis market. Cronos (CRON) dropped 7% after reporting weak 2019 Q1